The firm of Ravi and Chandra purchased a share of freshbees.com common stock exactly one year ago for Rs.45. Previously the common stock paid an annual dividend of Rs.2.40. The firm sold the security today for Rs.85. What is the rate of return the firm has earned?
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days ago — ... for Rs.45. Previously the common stock paid an annual dividend of Rs. 2.40. The firm sold the security today for Rs.85. ... common stock exactly one year ago for Rs. 45.
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