Question: Problem 3 [2 pt.] Suppose a stock had a value of $28.23 per share at the end of 2007. And suppose the stock paid $2

Problem 3 [2 pt.] Suppose a stock had a value of

Problem 3 [2 pt.] Suppose a stock had a value of $28.23 per share at the end of 2007. And suppose the stock paid $2 in dividends at the end of 2008 and $2.25 at the end of 2009. If the stock's value is $30 at the end of 2009, what was its annual return from 2007 to 2009

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