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Monte Jackson is considering the purchase of XYZ stock and would like to estimate its approximate yield if he holds it 5 years The current

Monte Jackson is considering the purchase of XYZ stock and would like to estimate its approximate yield if he holds it 5 years The current price is $ 20 and Monte expects it would rise to $ 30 over the 5- year holding period . The expected dividend is $ 1.00 each year .( Show all work . Use the editor to format your answer

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