Suppose a stock had an initial price of \$50 per share, paid a dividend of \$.80 per share during the year, and had an ending share price of \$60. Compute the total percentage return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total return             %

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Suppose a stock had an initial price of \$50 per share, paid a dividend of \$.80 per share during the year, and had an ending share price of \$60.

Compute the total percentage return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Total return             %

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Step 1

Calculation of Total Percentage Return:

The total percentage return is 21.60%.

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