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A year ago, Fred purchased 300 shares of RPJ stock for $14 400. The stock is currently selling for $36 a share and Fred has

A year ago, Fred purchased 300 shares of RPJ stock for $14 400. The stock is currently selling for $36 a share and Fred has decided to sell all of his shares. What is the percentage return that Fred has earned on this investment if he received a special dividend of $5 per share?

-25.00%

-19.44%

-14.58%

-8.89%

1 points

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