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A stock that you buy for $80. It is expected to pay an annual dividend of $2.00 next year, $3.00 the following year, and $3.50
A stock that you buy for $80. It is expected to pay an annual dividend of $2.00 next year, $3.00 the following year, and $3.50 in the third year. You expect to sell the stock for $98 in 3 yesrs. Calculate the annualized expected return for thid investment.
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