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Jack Linton purchased 100 shares of stock for $25
Jack Linton purchased 100 shares of stock for $25.0 per share. At the end of each year, he received cash dividend amounting to $50 (per year). After four years, precisely at the end of the 4th year, Jack sold the stock for $45.0 per share. What was his holding period return (%)? What was Jack's annualized return on the stock? What is the dollar amount of Jack's return? - Jack does not re-invest his cash dividends.(Show your calculations).
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