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Chartered Financial Analyst Level 1

Chartered Financial Analyst Level 1

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An investor buys a stock for 450andsellsitimmediatelyafterreceivinga450 and sells it immediately after receiving a 450andsellsitimmediatelyafterreceivinga2 dividend. If the holding period return is a loss of 10.2%, the sale price of the stock is closest to:

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