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Multiple choices 1/50 @KIZSPY2023
(Choose 1 answer)
(20668) Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox pays a $1.10 dividend per year. What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.)
A. 40%
B. 16%
C. 12%
D. 32%
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