Calculate the percentage return for holding the company

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Tony holds 200 shares of a company's stock. At the end of 2013, the market price of each share was $18. During the year 2014, the company pays $2.25 in dividends per share. At the end of 2015, the company's stock is priced at $39.50. Calculate the percentage return for holding the company's stock during the year 2015.

Reference no: EM131993921

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