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A company just paid out an annual dividend of $5. The dividend amount will grow at 3% annually forever. If you buy a share today
A company just paid out an annual dividend of $5. The dividend amount will grow at 3% annually forever. If you buy a share today and sell it at year 5, how much of a capital gain (not including the dividend yield) would you expect? Assume that the required rate of return for this stock is 10%. $13.49 $12.74 $15.93 $11.72
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