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Assume a company pays a $1.49 dividend per share. The stocks price is $26.56 per share on the day before the stocks ex-dividend day and
Assume a company pays a $1.49 dividend per share. The stocks price is $26.56 per share on the day before the stocks ex-dividend day and $26.59 on the ex-dividend date. What is the stocks return for this one-day period? Enter your answer as a percent to two decimal places (e.g., 0.1250 = 12.50%). If the answer is negative, enter with the minus sign (e.g., enter as -12.50%). Full credit: within 0.02% of the correct answer (e.g., 12.48% - 12.52%). Partial credit: within 0.10% of the correct answer (e.g., 12.40% - 12.60%)
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