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On August 15, you purchased 100 shares of stock in the Cara Cotton Company at $65 a share and a year later you sold it
On August 15, you purchased 100 shares of stock in the Cara Cotton Company at $65 a share and a year later you sold it for $61 a share. During the year, you received dividends of $3 a share. Compute your ex-post return on your investment in Cara Cotton.
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