You buy 100 shares of stock for $50 per share. The stock pays a dividend of $2 per share per year.
(Round your answers to the nearest whole number, if necessary)
After 1 year, if you sell the shares for $50 per share, what is the percentage return that you earned?
After 1 year, if you sell your shares for $60 per share, what is the percentage return that you earned?
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