Question
r Jack purchased a share one year ago for $9.12, and it is now worth $11.86. The share paid a dividend of $1.74 during the
Jack purchased a share one year ago for $9.12, and it is now worth $11.86. The share paid a dividend of $1.74 during the year. What was the share's income rate of return during the year? (as a percentage to the nearest two decimal points. don't use % sign. eg 2.881% is 2.88)
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Management and Cost Accounting
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