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Calculate the rate of return on the following investment. 100 shares of ABC Inc. were purchased for $5,500. The investor received a dividend of $3.50

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Calculate the rate of return on the following investment. 100 shares of ABC Inc. were purchased for $5,500. The investor received a dividend of $3.50 per share and subsequently sold the investment for $53 per share. a) 3.6% b) 10.0% Oc) 2.7% d) 6.4% Previous Page Next Page Page 1 of 13

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