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Assume that you purchased 110 shares of stock for $37 a share, that you received an annual dividend of $2.90 a share, and that you

Assume that you purchased 110 shares of stock for $37 a share, that you received an annual dividend of $2.90 a share, and that you sold your stock for $47 a share at the end of one year. What is the total return for your investment? (Ignore commission amounts)

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