4. Suppose Soft People, Inc., is selling at $19.00 and currently pays an annual dividend of $0.65...

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4. Suppose Soft People, Inc., is selling at $19.00 and currently pays an annual dividend of $0.65 per share. Analysts project that the stock will be priced around $23.00 in one year. What is the expected return?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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