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On January 1, 2016 the common stock for Collins Corporation had a market value of $28.00. At December 31, 2016, the market value had increased

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On January 1, 2016 the common stock for Collins Corporation had a market value of $28.00. At December 31, 2016, the market value had increased to $30.00. During the year, Collins Company paid a cash dividend of $2.00. (This problem relates to the work that you did in Week 1 to calculate returns on investments) What was the annual return to an investor during 2016

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