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An investor wishes to invest on the stock market index fund. The price of the stock in the fund is currently R100 and his time

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An investor wishes to invest on the stock market index fund. The price of the stock in the fund is currently R100 and his time horizon is one year. He expects the cash dividend during the year to be R6,00 (or 6% ). The Holding Period Return (HPR) would depend on the price one year from now. Assume that it would be R115 per share. Calculate the HPR

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