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I purchased 100 IBM stock shares 5 years ago for $5.5 per share. I received the only dividend payment of $0.1 per share from IBM
I purchased 100 IBM stock shares 5 years ago for $5.5 per share. I received the only dividend payment of $0.1 per share from IBM yesterday and the current IBM stock price is $7.0 per share. What is my average annual investment return from the IBM shares over the past 5 years (keep two decimal places such as 0.12)?
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