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Score: 0 of 1 pt 1 of 6 (0 complete) HW Score: 0%, 0... P7-3 (similar to) Question Help (Calculating rates of return) The common

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Score: 0 of 1 pt 1 of 6 (0 complete) HW Score: 0%, 0... P7-3 (similar to) Question Help (Calculating rates of return) The common stock of Placo Enterprises had a market price of $8.39 on the day you purchased it just one year ago. During the past year the stock had paid a dividend of $0.95 and closed at a price of $9.84. What rate of return did you earn on your investment in Placo's stock? %. (Round to two The rate of return you earned on your investment in Placo's stock is decimal places.) on

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