Assume that you purchase one round lot of shares in Home Depot for $70 per share, that you received an…

Assume that you purchase one round lot of shares in Home Depot for $70 per share, that you received an…

Assume that you purchase one round lot of shares in Home Depot for $70 per share, that you received an annual dividend of $1 per share, and that you sold your Home Depot stock for $85 per share at the end of one year. What is the rate of return on your investment?

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