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If a share of IBM stock is purchased for $25 per share and held one year, during which time a $3.50 dividend is paid and

If a share of IBM stock is purchased for $25 per share and held one year, during which time a $3.50 dividend is paid and the price climbs to $28.25, the rate of return is: A. 13.00% B. 14.00% C. 23.01% D. 27.00%

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