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John is considering buying the share of a company whose current dividend is $1 dollar / year. John plans to hold the stock longterm and
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John is considering buying the share of a company whose current dividend is $1 dollar / year. John plans to hold the stock longterm and will seek a return on the investment. He has $1000 to invest in the stock and the current price of the stock is $100. Return is 10% and growth rate is 5%. How many shares should he buy? Show step by step work
John is considering buying the share of a company whose current dividend is $1 dollar / year. John plans to hold the stock longterm and will seek a return on the investment. He has $1000 to invest in the stock and the current price of the stock is $100. Return is 10% and growth rate is 5%. How many shares should he buy? Show step by step work
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