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Suppose you are told an investor earns a 14% total return on a stock for which they paid a price of $25 one year ago.
Suppose you are told an investor earns a 14% total return on a stock for which they paid a price of $25 one year ago. Furthermore, of the 14% total return this investor realized an 8% capital gains yield (which means the investor was able to sell the stock for $27 after holding it for one year). Given this information, what was the dollar value of the dividend received by this investor during the year?
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