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Five years ago, you invested $475 in corporate stock.You received dividends of $10 at the end of each quarter for two years.You then received quarterly

Five years ago, you invested $475 in corporate stock.You received dividends of $10 at the end of each quarter for two years.You then received quarterly dividends of $15 for the following three years.You just sold the stock for $1,700, immediately after receiving your 20th quarterly dividend check.What is your rate of return?

32.43%

93.09%

9.73%

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