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Benn is an American venture capital firm. Ben invests in a tech company with $120,000 of cash by purchasing its stock at the end of
Benn is an American venture capital firm. Ben invests in a tech company with $120,000 of cash by purchasing its stock at the end of 2022. Ben also receives $1,400 of dividends from the tech company during 2023. Ben then sells the stock at the end of 2023 for $146,200. What is rate of return for 2023?
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