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During the last four years Howard received dividends of $2.50, $3.25, $2.75, and $3.00 from a stock he owned. He bought the stock for $42.50
During the last four years Howard received dividends of $2.50, $3.25, $2.75, and $3.00 from a stock he owned. He bought the stock for $42.50 and sold it four years later for $51.45. What was his average annual return on his investment? Round to the nearest xx.xx percent. Show Work
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