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Business, 28.12.2019 02:31 aa010002

If a stock is purchased for $25 per share and held one year, during which time a $1.75 dividend is paid and the price climbs to $29.5, the nominal rate of return is:

a. 13.00%.
b. 14.00%.
c. 20.00%.
d. 25.00%.

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