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Assume you pay the reduced amount of $ 4 , 5 8 0 for a corporate stock that has a market value of $ 5

Assume you pay the reduced amount of $4,580 for a corporate stock that has a market value of $5000. The stock pays an annual dividend of 3.5% of its market value. Since this is primarily a dividend-paying stock, you estimate that you will sell the stock 10 years from now at the current $5000 market value.
Identify the spreadsheet function that displays the rate of return on this entire investment over a 10-year period. (Note: The answer displayed here should confirm your response to the question in part c.)
The spreadsheet function is ____, and it displays _______Required information
Assume you pay the reduced amount of $4,580 for a corporate stock that has a market value of $5000. The stock pays
an annual dividend of 3.5% of its market value. Since this is primarily a dividend-paying stock, you estimate that you will
sell the stock 10 years from now at the current $5000 market value.
Identify the spreadsheet function that displays the rate of return on this entire investment over a 10-year period. (Note: The answer
displayed here should confirm your response to the question in part c.)
The spreadsheet function is
, and it displays
%.
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