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At the beginning of the year, you purchased a share of stock for $30.25. Over the year the dividends paid on the stock were $2.75

At the beginning of the year, you purchased a share of stock for $30.25. Over the year the dividends paid on the stock were $2.75 per share. (LG 8-5)

  1. Calculate the return if the price of the stock at the end of the year is $30.

  2. Calculate the return if the price of the stock at the end of the year is $40.

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