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Question 1 You bought shares of a stock one year ago when the price was $50 per share. The stock paid a $3 dividend per

Question 1

You bought shares of a stock one year ago when the price was $50 per share. The stock paid a $3 dividend per share during the year.

You sell shares of the stock today for $53 per share. What was your total return (in percent) on the stock?

a)		0%
b)		10%
c)		6%
	d)	12%

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