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Please assist in answering all questions below 4.1. Use the information provided below to answer the following questions: INFORMATION A retail investor bought 500 shares
Please assist in answering all questions below
4.1. Use the information provided below to answer the following questions: INFORMATION A retail investor bought 500 shares of XXX limited, a JSE-isted company, for R50 each on 1 January 2019. On 31 December 2022, the investor sold all the shares for R82 each. If the investor's return on investment for the period is 96%, determine the annual dvidend per share. Assume that XXX limited follows a fixed dividend policyStep by Step Solution
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