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You bought a stock for $28.29 that paid the following dividends Year 1 2 3 Dividend $1.00 $1.50 $1.80 After the third year, you sold
You bought a stock for $28.29 that paid the following dividends
Year | 1 | 2 | 3 |
Dividend | $1.00 | $1.50 | $1.80 |
After the third year, you sold the stock for $35. What was the annual rate of return?
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