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4. In an effort to further diversify, you are considering investing in shares of Astrazeneca, a company that has become quite well-known during the covid-19

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4. In an effort to further diversify, you are considering investing in shares of Astrazeneca, a company that has become quite well-known during the covid-19 pandemic. The company recently paid a dividend of $3.00, which is expected to increase annually by 5%. The share is currently selling for $35.00. Compute the required return of this share. Given that your required return on common share investments is 9%, would you purchase this stock? 4 Marks

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