What was Joels annualized return on the stock

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Reference no: EM131910340

Joel has purchased 100 shares of stock for $20 per share. During the year, he received dividend cheques amounting to $150. After three years, Joel sold his stock for $32 per share. What was his holding period return? What was Joel's annualized return on the stock? What is the dollar amount of Joel's return?

Reference no: EM131910340

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