You buy a stock in company AAAA at time t for $98. Between time t and t+1,
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Question:
You buy a stock in company AAAA at time t for $98. Between time t and t+1, company AAAA pays dividend of $5. At time t+1, you decide to sell the stock for $95. What is the return of AAAA's stock between t and t+1?
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