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Assume you purchased a share of stock in Verizon communications at the beginning of 2017 for $54.58. A year later the stock was worth
Assume you purchased a share of stock in Verizon communications at the beginning of 2017 for $54.58. A year later the stock was worth $53.53, but during 2017 it paid a dividend of $2.32. Calculate the following: a. Income. b. Capital gain (or loss). c. Total return (1) In dollars. (2) As a percentage of the initial investment. a. The current income received is $ (Round to the nearest cent.)
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