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(iii) You bought a stock for $28.29 that paid the following dividends Year 1 2 3 Dividend $1.00 $1.50 $1.80 After the third year, you
(iii) You bought a stock for $28.29 that paid the following dividends
| Year | 1 | 2 | 3 |
| Dividend | $1.00 | $1.50 | $1.80 |
After the third year, you sold the stock for $35. What was the annual rate of return?
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Building Financial Models
Authors: John Tjia
2nd Edition
0071608893, 978-0071608893
