What rate of return did you earn on your investment

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Reference no: EM133561012

Question: The common stock of Placo Enterprises had a market price of $10.66 on the day you purchased it just one year ago. During the past year the stock had paid a dividend of $1.25 and closed at a price of $13.09. What rate of return did you earn on your investment in Placo's stock?

Reference no: EM133561012

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