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What return did you get on your investment

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Problem - You Invest $3000 by buying 100 shares of Driss Inc at a price of $30 per share. One year from now, Driss pays you a dividend of 55 cents per share. One year later (i.e. two years from now), you get another dividend of 55 cents per share and then you immediately sell your shares for $32 each. What return (IRR) did you get on your investment?

Reference no: EM132839746

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