Earlier today, Stuart sold 200 shares of stock he owned. He purchased the stock three years ago for $28 per share. Following is a table that shows the market value of the stock at the end of each year and the amount of the dividend that Stuart received during the year:

(a) What total return (yield) did Stuart earn during the three-year period he held the stock??

(b) What return did Stuart earn for each year he held the stock?

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Market Value (per share) Dividend (per share) Year $26 28 $0.60 2 0.60 32 0.60