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You bought a stock for $30 per share one year ago and the share price is now $33. There are 1 million shares outstanding.
You bought a stock for $30 per share one year ago and the share price is now $33. There are 1 million shares outstanding. The company recently reported net income of $2 million. The annual dividend per share is $1. If you bought the stock one year ago, what was your total rate of return for the year? (Round answer to 1 decimal place, e.g. 12.1.) % D
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