Investing in the stock market

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You are trying your hand at investing in the stock market. Your first pick is a landscaping company listed on NASDAQ (their motto: "when you're too lazy to do it yourself - call us!"). You bought the stock one year ago for $12.00. Today you sold it for $17.50 and during the year the stock paid you a $1.00 dividend. What was your one-year rate of return?

Reference no: EM13907258

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