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At the beginning of the year, you buy a share of GMC stock for $150. If during the year you receive a dividend of $5,
At the beginning of the year, you buy a share of GMC stock for $150. If during the year you receive a dividend of $5, and GMC stock is selling for $160 at the end of year, what was your rate of return from investing in the stock?
Select one:
10%
8.33%
9.62%
15%
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