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Consider a stock that paid a $1 dividend yesterday. The dividend is expected to increase at a constant rate of 4% per year, and the

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Consider a stock that paid a $1 dividend yesterday. The dividend is expected to increase at a constant rate of 4% per year, and the current market capitalization rate of the stock is 8%. An investor purchases the stock today and holds it for one year. When the investor sells it after one year, the stock's market capitalization rate has fallen to 7.5%. What is the investor's holding period return on the stock? Enter your answer as a decimal, rounded to 3 decimal places

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