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Suppose a stock had an initial price of $78 per share, paid a dividend of $1.20 per share during the year, and had an ending

Suppose a stock had an initial price of $78 per share, paid a dividend of $1.20 per share during the year, and had an ending share price of $87. Compute the percentage total return earned on the stock. Multiple Choice 13.08% 1373% 1615% 1172%

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