A stock purchased for $52 paid a dividend of $1 six days after it was purchased. The stock was sold for $51 ninety days after it was purchased. What is the annualized rate of return? Assume the dividend was not reinvested

a. 3.9%
b. 0.0%
c. ?7.7%
d. 15.7%
e. ?15.7%


b

Business

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