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    Practical Financial Management Study Set 1
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    Exam 8: The Valuation and Characteristics of Stock
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    Jan Bought a Stock at $70 Per Share and Sold
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Jan Bought a Stock at $70 Per Share and Sold

Question 114

Question 114

Essay

Jan bought a stock at $70 per share and sold it for $84. While she owned it, she received a $5 per share dividend. What was her percentage return?

Correct Answer:

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Return = (84 - 70 + ...

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