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Suppose you bought 550 shares of stock at an initial price of $51 per share. The stock paid a dividend of $.54 per share during

Suppose you bought 550 shares of stock at an initial price of $51 per share. The stock paid a dividend of $.54 per share during the following year, and the share price at the end of the year was $52.

What is the total rate of return on the investment?

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