Suppose you buy stock at a price of $67 per share. Five months later, you sell it

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Suppose you buy stock at a price of $67 per share. Five months later, you sell it for $61. You also received a dividend of $.40 per share. What is your annualized return on this investment?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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