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. An investor bought 5 0 0 ABC shares for 1 , 0 0 0 USD three years ago. During this period, every share generated

. An investor bought 500 ABC shares for 1,000 USD three years ago. During this period, every share
generated dividends equal to 10 cents (2 years ago),1 USD (one year ago) and 60 cents (this year).
After receiving the dividends this year, the investor sold the 500 shares for 1,030 USD. What is the rate
of return for this investment?
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