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Question 20 (2.5 points) Joe bought a share of stock for $47.50 that paid a dividend of $0.72 and sold one year later for $51.38.

Question 20 (2.5 points)

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Joe bought a share of stock for $47.50 that paid a dividend of $0.72 and sold one year later for $51.38. What was Joe's dollar profit or loss and holding period return?

Question 20 options:

$0.72, 7.55%

$3.88, 8.95%

$4.60, 9.68%

$3.88, 9.68%

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