One year ago,Ted purchased 100 shares of stock at $18.79 a share.Today,he received a total of $130 in dividends and sold his shares for a total of $1,211.What was his total rate of return?
A) 8.69%
B) 7.94%
C) -44.43%
D) -42.47%
E) -28.63%
Correct Answer:
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