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Mike purchased the shares on June 1, 2018, when the price was $120.00 per share. Over the next 12 months, He received quarterly dividends of
Mike purchased the shares on June 1, 2018, when the price was $120.00 per share. Over the next 12 months, He received quarterly dividends of $1.00, $1.00, $1.50, and $1.50. On June 1, 2019, the share price of Winona was $155.00 per share. Calculate total percent return on his investment.
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