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( 3 ) You intend to invest $ 4 , 0 0 0 each month in a stock that offers a dividend rate of 3

(3) You intend to invest $4,000 each month in a stock that offers a dividend rate of
3.5% per year compounded quarterly. What will the value of the stock be at the end of 7 years,
assuming no interperiod compounding?
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