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A year ago an investor purchased 500 shares of Nevada casinos, Inc. stock at a price of 30.00/share. The firm has just paid its annual
A year ago an investor purchased 500 shares of Nevada casinos, Inc. stock at a price of 30.00/share. The firm has just paid its annual dividend of 0.50. Now the share is priced at $20.75 per share in the market. What is the holding period return on the stock?
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