Problemsuppose you buy stock at a price of 42 per share, Ask an Expert

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Problem:

Suppose you buy stock at a price of $42 per share. Three months later, you sell it for $48. You also received a dividend of $.68 per share.

Required:

Question: What is your annualized return on this investment?

Note: Please explain comprehensively and give step by step solution.

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Category:- Basic Finance
Reference No.:- M91148852

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