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You Purchased a Stock for $50

Question 96

Multiple Choice

You purchased a stock for $50.00 a share and resold it one year later. Your total return for the year was 11.5 percent and the dividend yield was 2.8 percent. At what price did you resell the stock?


A) $42.78
B) $50.62
C) $51.93
D) $52.08
E) $54.35

Correct Answer:

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