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An investor has examined Target stock and makes the following predictions for the future: The investor believes the selling price in four years will be
An investor has examined Target stock and makes the following predictions for the future: The investor believes the selling price in four years will be $85.09. The price of Target stock this morning is $72.50. What return will the investor earn if he is correct about future dividends and selling price? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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