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Assume you purchased a share of stock in Verizon communications at the beginning of 2017 for $54.58. A year later the stock was worth $53.53, but during 2017 it paid a dividend of $2.32. Calculate the following:
a. Income
b. Capital gain (or loss)
c. Total Return
-In dollars
-As a percentage of the initial investment
Please show how you worked out these problems so I can work them myself.
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