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Business, 17.03.2020 03:35 kristalmakhija

Roger purchased a stock for $16 a share. The stock paid a $1 annual dividend and increased in price by $2 a year for the following three years. What is the arithmetic average annual capital gain? The arithmetic average annual total return?

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Roger purchased a stock for $16 a share. The stock paid a $1 annual dividend and increased in price...
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