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Last year John purchased shares of King Size Corporation common stock for $50 per share. During the year he received dividends of $1.50 per share.

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Last year John purchased shares of King Size Corporation common stock for $50 per share. During the year he received dividends of $1.50 per share. The stock is currently selling for $60 per share. What rate of return did John earn over the year? OA, 23% B. 1096 O c. 15% O D. 27%

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