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Naden Lucki pays $9,500 for an investment that pays an annual dividend of $500. The investment has a face value of 15,000 payable on the
Naden Lucki pays $9,500 for an investment that pays an annual dividend of $500. The investment has a face value of 15,000 payable on the maturity date. If Naden holds the investment until its maturity date in 2023 (3 years' times), what will be her holding return (%) on investment? What will be the annualized return on her investment? (Show your calculations)
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