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How much interest is earned in just the third year on a $1,000 deposit that earns 6% interest compounded annually? A common stock is expected
How much interest is earned in just the third year on a $1,000 deposit that earns 6% interest compounded annually?
A common stock is expected to have extraordinary growth in earnings and dividends of 20% per year for 2 years, after which the growth rate will settle into a constant 3%. If the discount rate is 10% and the most recent dividend was $2, what should be the approximate current share price?
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