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    A Stock Is Purchased for $50 on January 1 and Sold
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A Stock Is Purchased for $50 on January 1 and Sold

Question 43

Question 43

Essay

A stock is purchased for $50 on January 1 and sold on December 31 for $72. A $5.00 per share dividend is paid at the end of the year.
(a) Calculate return (R).

Correct Answer:

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(a) R = (Dividend + ...

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