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QUESTION 7 The price of a stock is $38 at the beginning of the year and $41 at the end of the year. If the

QUESTION 7

The price of a stock is $38 at the beginning of the year and $41 at the end of the year. If the stock paid a $2.50 dividend, what is the holding-period return for the year?

6.58%

8.86%

14.47%

18.66%

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