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A stock had the following year-end prices and dividends: Year Price Dividend 0 $ 60.91 1 63.24 $ 2.32 2 63.22 2.69 3 64.16 2.67

A stock had the following year-end prices and dividends: Year Price Dividend 0 $ 60.91 1 63.24 $ 2.32 2 63.22 2.69 3 64.16 2.67 What was the arithmetic average return for the stock?

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