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One year ago you bought a stock for $10. The stock announced its first dividend 3 weeks ago, at $0.50 and the ex-dividend date is

One year ago you bought a stock for $10. The stock announced its first dividend 3 weeks ago, at $0.50 and the ex-dividend date is today. The stock price is currently $9.80. What was your total annual realised return?

(a) 7% pa. *(b) 3% pa. (c) 2% pa. (d) -2% pa. (e) -3% pa.

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