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You bought a stock for $50 and sold it 3 years later for $48. Each quarter you received a $0.50 dividend. What was your annualized
You bought a stock for $50 and sold it 3 years later for $48. Each quarter you received a $0.50 dividend. What was your annualized rate of return? Report your answer as a percentage and to the nearest 0.01% (e.g. enter 3.95% as 3.95).
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