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Firm A pays $0.80 a year as dividends on its common stock. Currently this stock sells for $28.12 a share. Last year, at this time,
Firm A pays $0.80 a year as dividends on its common stock. Currently this stock sells for $28.12 a share. Last year, at this time, the stock was selling for $31.64 a share.
1. What is the total return on this stock in dollars?
2. What is the percentage total return?
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