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Dring the yr he received dividendsof 145 per share the

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Last year Mike bought 100 shares of Dallas corpoartion commonstcok for $53 per share. During the year he received dividends of $1.45 per share. the stock is currently selling for $60 per share. What rate of return did Mike earn over the year?

a. 11.7%

b. 13.2 %

c. 14.1 %

d. 15.9%

Reference no: EM13573018

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