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A stock was purchased at a cost of $44.50 per share at the beginning of March and sold at a price of $45.50 per share at the end of March. Neglecting margin requirements, commissions and taxes, what are: (1) the dollar profit / loss per share for 1 month; (2) the percentage return per share for 1 month; and (3) the annualized percentage return per share?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M958306

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