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19) Your boss at an investment firm states that they would like a required return of 5% on all investments. This boss then discovers a

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19) Your boss at an investment firm states that they would like a required return of 5% on all investments. This boss then discovers a bio-tech stock that pays a $1 dividend next quarter. Your junior analyst discovers on the internet that the stock will give dividends at a rate of 5%. Given that this is the only information you have, you defy your boss and do not buy the stock, why? Explain

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