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Assume that the P/E at time O is 13 and P/E after 1 year (time 1) is 7. Also, assume that earnings at time o

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Assume that the P/E at time O is 13 and P/E after 1 year (time 1) is 7. Also, assume that earnings at time o is 1.2 and earnings at time 1 is 1.1. The dividend yield at time 0 is 0%. The total return of the stock is ____? Please enter the total return in a decimal and two places. That is, if the answer is 5%, write .05

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