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What Would Be the Return on 200 Shares of Stock

question 63

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What would be the return on 200 shares of stock purchased on January 1, 2003, for $60 per share and sold on December 31, 2007, at $80 per share? Also assume that the company paid dividends of $2 per share over the year. The prices include all brokerage fees. Round to the nearest whole percent.

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