In December 2020, William purchased 1,000 shares at $30/share in Fantastic Inc. In 2021, he...
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Accounting
In December 2020, William purchased 1,000 shares at $30/share in Fantastic Inc. In 2021, he received $3,750 in dividends on these shares. Despite the great returns, William decided to sell these shares when they hit $32/share in December 2021 as he needed the money to buy a car. What was Williams investment return during the one year that he held the shares?
20.13%
23.55%
19.17%
11.12%
13.28%
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