Question: Dev recently sold Protus Corp for $45 after holding the stock for a year. He received dividends payments totally $1.20 over that year and earned

Dev recently sold Protus Corp for $45 after holding the stock for a year. He received dividends payments totally $1.20 over that year and earned 9.5%. How much did Dev pay for Protus?

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a

$39.90

b

$41.10

c

$42.19

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