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If an investor buys stock for $50,000 and receives dividends of $10,000 per year for eight years and then sells the stock for $75,000, the
If an investor buys stock for $50,000 and receives dividends of $10,000 per year for eight years and then sells the stock for $75,000, the rate of return on the investment is nearest to:
| a. | 24% | |
| b. | 16% | |
| c. | 12% | |
| d. | 8% |
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Finance And Financial Intermediation
Authors: Harold L. Cole
1st Edition
0190941707, 978-0190941703
