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Ten Years Ago You Invested $1,000 for 10 Shares of Steeze,Inc.common

Question 24

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Ten years ago you invested $1,000 for 10 shares of Steeze,Inc.common stock.You sold the shares recently for $2,000.While you owned the stock it paid $10.08 per share in annual dividends.What was your rate of return on Steeze stock?

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Total dividends per year = 10 shares x $...

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