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Chapter 12 Financial Planning Exercise 8 Calculating expected return on a stock The price of Applied Adhesives, Inc. Is now $80. The company pays no

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Chapter 12 Financial Planning Exercise 8 Calculating expected return on a stock The price of Applied Adhesives, Inc. Is now $80. The company pays no dividends. Adam Gardner expects the price 5 years from now to return? Round the answer to two decimal places. , because the rate of return of the stock discussed is % m Gardner expects the price 5 years from now to be $140.99 per share. Should Adam buy Applied Adhesives if he wants a 14% rate of

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