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Last year, Julie Johnson bought one share of common stock for $950. During the year,Julie received $47.50 dividend. Earlier today, she sold the stock fo
Last year, Julie Johnson bought one share of common stock for $950. During the year,Julie received $47.50 dividend. Earlier today, she sold the stock fo $988. (a)what rate of return did Julie earn on her investment? (b) what were the (1) dividend yield and (2) the capital gains yield associated with holding the stock?
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