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Calculating rates of return. The common stock of Plasticoat PLC had a market value of 32 when you purchased it a year ago. During the

Calculating rates of return. The common stock of Plasticoat PLC had a market value of 32 when you purchased it a year ago. During the past year it has paid a dividend of 3.50 and the share price is now at 40. What rate of return did you earn on your Plasticoat shares?

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