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You purchase a stock at the beginning of the year for $52 a share. It pays an annual dividend of $4.00. After 1 year you

You purchase a stock at the beginning of the year for $52 a share. It pays an annual dividend of $4.00. After 1 year you sell the stock for $49 a share. What was your annual return?

a. 8.00%

b. 8.16%

c. 2.04%

d.1.92%

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