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An investor buys a common share and estimates she will receive an annual dividend of $0.50 per share in one year. She estimates she will
An investor buys a common share and estimates she will receive an annual dividend of $0.50 per share in one year. She estimates she will be able to sell the share of $10.50. Estimate its value, assuming the investor requires a 10% return on this investment.
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
