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Jefferson's recently paid an annual dividend of $5 per share. The dividend is expected to decrease by 5% each year. How much should you

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Jefferson's recently paid an annual dividend of $5 per share. The dividend is expected to decrease by 5% each year. How much should you pay for this stock today if your required return is 10% (in $ dollars)? $ The nominal rate of return is. % earned by an investor in a bond that was purchased for $902, has an annual coupon of 4%, and was sold at the end of the year for $1016? Assume the face value of the bond is $1,000.

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