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On December 31, 2019, the stock price was $55. Calculate the one year holding period return for the Corp. over the previous year if the

On December 31, 2019, the stock price was $55. Calculate the one year holding period return for the Corp. over the previous year if the stock paid a dividend of $3 today (December 31, 2020), and the current stock price is $62. Please explain with detailed formulas.

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