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chapter 16-03 A stock costs $90 and pays a $4 annual dividend. If you expect to sell the stock after five years for $100, what
chapter 16-03
A stock costs $90 and pays a $4 annual dividend. If you expect to sell the stock after five years for $100, what is your anticipated return on the investment? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number Step by Step Solution
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