Marieve purchased 3,500 shares of Microsoft for $78 per share in January 2018. During 2018, Microsoft paid
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Marieve purchased 3,500 shares of Microsoft for $78 per share in January 2018. During 2018, Microsoft paid dividends of $3 per share. Marie- ve plans on selling her shares when they hit $89 per share. Based on the analyst's forecast reports, she expects (and hopes) these shares will hit her target price after one year. (All amounts are in Canadian dollars.) If all turns out as planned, what would be her return?
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