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An investor purchases shares of Burger King for $50 a share. BK pays a dividend of 50 cents per quarter and based on the capital
An investor purchases shares of Burger King for $50 a share. BK pays a dividend of 50 cents per quarter and based on the capital asset pricing model (CAPM), the required return is 10 percent. At the end of one year, the investor sells his shares of BK for $55 per share and has received the quarterly dividends of $0.50. The investor's realized holding period return is closest to?
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