The manager from cougar bought 100 shares of a common stock and paid $50 per...

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Accounting

The manager from cougar bought 100 shares of a common stock and paid $50 per share. Two years later he fold the stock for $60 after receiving dividend checks totaling $200. What is the percentage return on this investment?
a. $12
b. 24%
c. 20%
d. 10%
e. 12%

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