Marianne Walsh bought XYZ Corporation stocks for $26 a share at the beginning of 2001. At year-end, she received a dividend of $1.75 per share and then sold the stock for $30.50 a share. What was Marianne's annual shareholder return on the investment?
A) 6.25 percent
B) 10.83 percent
C) 17.31 percent
D) 20.49 percent
E) 24.04 percent
Correct Answer:
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