The common stock of Placo Enterprises had a market price of $11.61 on the day...
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Finance
The common stock of Placo Enterprises had a market price of $11.61 on the day you purchased it just one year ago. During the past year the stock had paid a dividend of $0.88 and closed at a price of $13.76. What rate of return did you earn on your investment in Placo's stock?
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Part 1
The rate of return you earned on your investment in Placo's stock is %
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