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Return on Stock. Joel purchased 100 shares of stock for $15 per share. During the year, he received dividend checks amounting to $116. Joel recently

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Return on Stock. Joel purchased 100 shares of stock for $15 per share. During the year, he received dividend checks amounting to $116. Joel recently sold the stock for $23 per share. What was Joel's return on the stock? Joel's return on the stock was \%. (Enter as a percentage and round to two decimal places.)

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