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Nancy buys $3000 in stock and holds the shares for one year. If she pays $50 per share in cash, receives no dividend, and sells

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Nancy buys $3000 in stock and holds the shares for one year. If she pays $50 per share in cash, receives no dividend, and sells the shares for $58.50 one year later, what will be her return on investment, ignoring transaction costs? 25.5% 17.0% 34.0% 8.5%

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