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Jamie purchases shares of stock for $5000. During the year, the stock pays $250 in dividends. At the end of the year, the shares are
Jamie purchases shares of stock for $5000. During the year, the stock pays $250 in dividends. At the end of the year, the shares are worth $5250. What is her rate of return for this investment?
A. 15.0% | ||
B. 10.0% | ||
C. 5.0% | ||
D. 13.6% | ||
E. 4.6% |
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