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Assume that an investor earned a 16.5% total return on a share of Xerox common stock and she purchased the stock exactly one year ago
Assume that an investor earned a 16.5% total return on a share of Xerox common stock and she purchased the stock exactly one year ago at a price of $110 per share (so this means P2020 = $110). If the investor told you she experienced a capital gains yield over the year of 12%, what was the dollar value of the dividend she received from Xerox during the year?
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