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You purchased 100 shares of stock for a share price of $17.61. You sold the stock two years later for a share price of $18.20.

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You purchased 100 shares of stock for a share price of $17.61. You sold the stock two years later for a share price of $18.20. You also recelved total dividend payments of $0.61 per share. What was your total return on your investment? Answer: What is the taxable equivalent yield on a 4%, tax-exempt municipal bond for a person in the 20% tax bracket

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