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You bought a stock one year ago for $5. Today you received a cash dividend of $0.16 and then immediately sold the stock for $6.

You bought a stock one year ago for $5. Today you received a cash dividend of $0.16 and then immediately sold the stock for $6. How much is the annual return you earned on this position?

a. 20.16% b. 20.0% c. 23.2% d. 16.8%

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