Sue Purchased a Stock for $25 a Share,held It for One

question 42

Multiple Choice

Sue purchased a stock for $25 a share,held it for one year,received a $1.34 dividend,and sold the stock for $26.45.What nominal rate of return did she earn?

• A) 11.16%
• B) 14.23%
• C) 12.09%
• D) 10.55%

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Definitions:

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