On january 1 2012 the common stock for collins corporation, Financial Management

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On january 1 2012 the common stock for collins corporation

On January 1, 2012 the common stock for Collins Corporation had a market value of $28.00. At December 31, 2012, the market value had increased to $32.00. During the year, Collins Company paid a cash dividend of $3.00.

What was the annual return to an investor during 2012?

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Financial Management: On january 1 2012 the common stock for collins corporation

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