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One year ago Roland Butter bought a share of Rico Alcohol Corporation stock for $20. During the year the stock paid a $1.50 dividend. At

One year ago Roland Butter bought a share of Rico Alcohol Corporation stock for $20. During the year the stock paid a $1.50 dividend. At the end of the year the stock was trading at a price of $19.50. What was Rolands total return (in %) for the year?

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