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Question 1 of 16 > >> A Moving to another question will save this response. 6.25 points Save Answer Consider the following returns: Year End

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Question 1 of 16 > >> A Moving to another question will save this response. 6.25 points Save Answer Consider the following returns: Year End 2020 2019 2018 2017 2016 Stock CI Realized Return 8.50% -5.63% 1.24% 1.04% 3.78% Stock A Realized Return 1.26% 14.57% 3.74% -1.56% 1.02% The correlation between CI's and A's returns is closest to: 0536 0365 0.682 0471 A Moving to another question will save this response. 6.25 points Save Answer Manchester plc is expected to pay annual dividends of 1.50, 1.75 and 2.00 per share at the end of each of the next three years (i.e., from t=1 to t=3). After year 3, annual dividends are expected to grow at a rate of 2% forever. Assuming that shareholders of Manchester plc. require a rate of return equal to 4% per year, what is the fair value for the share of Manchester plc.? 64.70 63.48 97.37 95.52

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