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One year ago, you purchased 500 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year. Today, you

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One year ago, you purchased 500 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year. Today, you sold your shares for $28.08 a share. What is your total dollar return on this investment? 1) $8,150 2) $7,775 3) $8,260 4) $7,432 5) $6,222

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