Question: Question 11 6.25 points Save Answer Last year, Elon bought 100 shares of a common stock for $100 per share. During the year he received

Question 11 6.25 points Save Answer Last year, Elon bought 100

Question 11 6.25 points Save Answer Last year, Elon bought 100 shares of a common stock for $100 per share. During the year he received dividends of $7 per share. The stock is currently selling for $107 per share. What rate of return did Elon earn over the year? O 14 percent O 0.7 percent O 7 percent O 15.9 percent

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