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Assume you plan to purchase a stock, hold it for a year, then sell it. The stock you plan to buy has a current price
Assume you plan to purchase a stock, hold it for a year, then sell it. The stock you plan to buy has a current price of $50 and will pay a $1 dividend in 1 year. If you believe the stock will sell for $55 in one year, what is your expected return?
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