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J 3 At the beginning of the year an investor purchased 100 shares of common stock from ABC Corporation at $10 per share. During
J 3 At the beginning of the year an investor purchased 100 shares of common stock from ABC Corporation at $10 per share. During the year, the firm paid dividends of $1 per share. At the end of the year, the investor sold the 100 shares at $11 per share. What is the HPR? a) 1.20% b) 5.50% c) 12.00% d) 20.00% e) 30.00% I
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
