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Baxter purchased 100 shares of Sam, Inc. common stock for $25 per share one year ago. During the year, Sam, Inc paid cash dividends of

Baxter purchased 100 shares of Sam, Inc. common stock for $25 per share one year ago. During the year, Sam, Inc paid cash dividends of $2 per share. The stock is currently selling for $30. If Baxter sells all his shares today, what rate of return would be realized?

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