Your friend told you about a stock that they think will sell for $212.9 in one year.
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Question:
Your friend told you about a stock that they think will sell for $212.9 in one year. They do not pay a dividend yet and it selling for $162.8 today. What is the expected return. Convert to a percent then round to 2 decimal places.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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