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On September 15th, Team 1 has purchased 20 shares of IKEA for $575 per share...

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Finance

On September 15th, Team 1 has purchased 20 shares of IKEA for $575 per share for the buy-and-hold portfolio. IKEA had a 4:1 stock split on September 30th and paid a $1 dividend on October 30th. At the close of the assignment, IKEA shares were trading at $154. What was the return to Team 1 on the IKEA shares in percent, rounded to two decimals (omitting the % sign)?

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