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If you purchased stock 2 years ago for $60, received a dividend of $5/share one year ago, and then sold the stock for $64. Assuming

If you purchased stock 2 years ago for $60, received a dividend of $5/share one year ago, and then sold the stock for $64. Assuming that you reinvest half of the dividend at 10% per year and the remaining half in the stock, what is your annualized HPR (holding period return)?

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0 1 2 year payoff -60 64

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