Presented below are the beginning-of-year common share price (P_t-1), the end-of-year common share price (P_t), and the annual dividend (D_t) for two competitors—Minaret Company and Owens Company.

Required:
Calculate the annual return (r_t) for each of the two individual securities.

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Minaret Company... Owens Company Required Calculate the annual return (r) for each of the two individual securities. Pt-1 P D 27.50 28.50 1.20 36.20 35.50 4.50