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05-02-2024
Business

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Maria bought a stock one year ago for $16 a share. The stock pays quarterly dividends of $0.12 and is currently valued at $17 a share. How is the percentage return calculated?
a) (0.12 / 16) * 100
b) ((0.12 * 4) + (17 - 16)) / 16 * 100
c) ((17 - 16) + (0.12 * 4)) / 16 * 100
d) ((17 - 16) + (0.12 * 4)) / 17 * 100

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