At the beginning of the year, you purchased a share of stock for $ 35. Over the

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At the beginning of the year, you purchased a share of stock for $ 35. Over the year the dividends paid on the stock were $ 2.75 per share.
a. Calculate the return if the price of the stock at the end of the year is $ 30.
b. Calculate the return if the price of the stock at the end of the year is $ 40.

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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