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Alice Kruse purchased 1,000 shares of Kendall Corporation for $22.50 per share and paid a total commission of $575. The current price of the stock
Alice Kruse purchased 1,000 shares of Kendall Corporation for $22.50 per share and paid a total commission of $575. The current price of the stock is $25 per share. Last year, Alice received dividends of $880. Based on the information given, compute stock returns.
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