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Eight months ago, you purchased 400 shares of AAA stock for $46.40 a share. The company pays quarterly dividends of $1.05 a share. Today, you

Eight months ago, you purchased 400 shares of AAA stock for $46.40 a share. The company pays quarterly dividends of $1.05 a share. Today, you sold all of your shares for $48.30 a share.

  1. What is your total percentage return on this investment?
  2. What is your total dollar return on this investment? Briefly discuss.
  3. Briefly discuss the importance of a corporation's expected return as it applied to its stock price. Provide an example.

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