Lydian Stock currently sells for ($52) per share. You intend to buy the stock today and hold
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Lydian Stock currently sells for \($52\) per share. You intend to buy the stock today and hold it for two years. During those two years, you expect to receive dividends at the year-ends that total \($5.50\) per share. Finally, you expect to sell the Lydian stock for \($54.75\) per share. What is your expected holding-period return on Lydian stock?
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