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Jack Linton purchased 100 shares of stock for $25 per share. During the year, he received cash dividend amounting to $200. After four years, Jack
Jack Linton purchased 100 shares of stock for $25 per share. During the year, he received cash dividend amounting to $200. After four years, Jack sold the stock for $45 per share. What was his holding period return (%)? What was Jack's annualized return on the stock? What is the dollar amount of Jack's return? (Show your calculations)
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