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Suppose a stock had an initial price of $80 per share, paid a dividend of $.60 per share during the year, and had an ending

Suppose a stock had an initial price of $80 per share, paid a dividend of $.60 per share during the year, and had an ending share price of $88.

Compute the percentage total return.(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Total return

%

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