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Evergreen Financial Advisors just paid a dividend of $5, and its dividend is expected to grow by 20% for the next year. After that the
Evergreen Financial Advisors just paid a dividend of $5, and its dividend is expected to grow by 20% for the next year. After that the dividend grow by a constant growth rate 2% forever. The discount rate is 20%. Assume that all assumptions remain unchanged over time and the stock is always priced at its fair value. If you purchase the stock today and sell the stock immediately after you receive the second dividend, your holding period return is ___%
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