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An individual plans to buy a stock valued at $135 each and keep it for 5 years at which point he things he can sell

An individual plans to buy a stock valued at $135 each and keep it for 5 years at which

point he things he can sell it for $155. The stock pays an annual dividend of $3.5. What is equivalent annual

interest rate being generated by this investment? (i.e., interst rate that makes the present worth of this investment = 0)

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