Sally purchases a stock for 50 and receives a 2 dividend


Sally purchases a stock for $50 and receives a $2 dividend after six months, immediately after which she sells the stock for $55. What was her annualized return?

a) 14%

b) 20%

c) 24%

d) 28%

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Finance Basics: Sally purchases a stock for 50 and receives a 2 dividend
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