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In the following exercises, find: a . the return on investment and b . the annual return for the bond described. Round to two decimal

In the following exercises, find: a. the return on investment and b. the annual return for the bond described. Round to two decimal places.
20.
150 shares of stock are owned. The dividend per share is $0.78 for a quarter. How much was earned in dividends on this stock this quarter?

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