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Suppose That You Bought a Stock for $40,received a Dividend

Question 5

Multiple Choice

Suppose that you bought a stock for $40,received a dividend of $0.50,and sold it for $41 after 91 days.Your annualized arithmetic rate of return equals:


A) 5.01 percent
B) 10.03 percent
C) 15.04 percent
D) 16.07 percent
E) None of these answers are correct.

Correct Answer:

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