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Question: The common stock of Placo enterprise had a market price of $12 on the day of purchased just one year ago. During the past 5 years the stock had paid a $1 dividend and closed at $14. What rate of return did you earn on your investments in Placo' stock? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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