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You bought some stock on January 1 for $50 per share and sold in the same year on September 30 for $55 per share. In

You bought some stock on January 1 for $50 per share and sold in the same year on September 30 for $55 per share. In the meantime, you received cash dividends on $1 on March 31 and June 30. What was your effective annual return on the stock?

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