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Suppose a stock had an initial price of $63 per share, paid a dividend of $1.85 per share during the year, and had an ending

Suppose a stock had an initial price of $63 per share, paid a dividend of $1.85 per share during the year, and had an ending share price of $75. Compute the percentage total return.

Multiple Choice

  • 21.98%

  • 18.47%

  • 26.67%

  • 23.08%

  • 20.88%

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