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Wie bought one share of LPGA Industries' common stock. Wie paid $50.00 for the stock and expects to be able to sell the stock for

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Wie bought one share of LPGA Industries' common stock. Wie paid $50.00 for the stock and expects to be able to sell the stock for $54.90 In one year. If Wie wants to earn a total return of 16% on her Investment over the next 12 months, how much would she need to receive in dividends over the next year? a. $1.55 b. $3.10 I C. $8.00 d. $4.90

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