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Last year Carlo Dingcong bought 200 shares of Dallas Corporation common stock for $74 per share. During the year he received dividends of $2.80 per

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Last year Carlo Dingcong bought 200 shares of Dallas Corporation common stock for $74 per share. During the year he received dividends of $2.80 per share. The stock is currently selling for $80 per share. What rate of return did Carlo earn over the year

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