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One year ago, Erik purchased 5,500 shares of Apple Inc. stock for $823,405. Today, he sold those shares for $170.64 a share. What is the
One year ago, Erik purchased 5,500 shares of Apple Inc. stock for $823,405. Today, he sold those shares for $170.64 a share. What is the total return on this investment if the dividend yield is 3 percent?
A. 3.00 percent
B. 3.98 percent
C. 13.98 percent
D. 16.98 percent
E. 20.98 percent
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