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    Percentage return on the stock

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    You purchases a stock one year ago at $42 per share. The stock just paid a dividend of $2.40 per share. Today, you sold the stock for $31 per share. What is the percentage return on the stock?

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    Solution Preview

    Apply the percentage return formula. Note that the stock price declined ...

    Solution Summary

    This posting used the percentage return formula to find the percentage return on the stock.