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3. What is your expected rate of return if you buzy the stock for $20.50 ? b. If you require a return of 19 percent,

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3. What is your expected rate of return if you buzy the stock for $20.50 ? b. If you require a return of 19 percent, should you purchase the stock? a. If you buy the stock for $20.50, your expected rate of return is 6. (Round to two decimal places.) b. If you require a return of 19 percent, the value of the stock for you is $. (Round to the nearest cent.)

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