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21 August, 06:37

a stock is selling today for 80 per share. At the end of the year, it pays a dividend of 4 per share and sells for 88. What is the total rate of return on the stock

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  1. 21 August, 10:08
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    15%

    Explanation:

    Total rate of return on the stock is:

    = [ (Stock closing price + Dividend paid) - Stock opening price] / Stock opening price

    = (88+4-80) / 80 = 15%
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