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Financial Management: Percentage of Total Return

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Suppose a stock had an initial price of $68 per share, paid a dividend of $2.00 per share during the year, and had an ending share price of $80. Compute the percentage total return. (Round your answer to 2 decimal places. (e.g., 32.16)).

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The solution gives detailed steps on computing the percentage of total return. All formula and calculations are shown and explained.

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