Total return on the stock

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You have a thing for Tony Stark and jumped at the opportunity to purchase shares of stock in Ironman Brew Co. on January 1st for $85 per share. On December 31 of that year, the stock was valued at $100 per share, the company reported net income of $10 million, and they had paid their shareholders $1.60 per share in dividends during the year. There are 1.25 million shareholders. What was your total return on the stock during this time period (round to two decimal places)?

Reference no: EM133112079

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