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Save Homework: HMSQ 2.3 Score: 0 of 2 pts 2 of 7 (1 compete) HW Score: 952% 1 33 of 14 pts P7-6 (similar to)

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Save Homework: HMSQ 2.3 Score: 0 of 2 pts 2 of 7 (1 compete) HW Score: 952% 1 33 of 14 pts P7-6 (similar to) Question Help Common stock value-Zero growth Personal Finance Problem Kelsey Drums, Inc., is a well-established supplier of fine percussion instruments to orchestra all over the United States. The company's class A common sed has paid a dividend of 54 39 per share per year for the last 19 years Management expects to continue to pay at that amount for the foreseeable future Kamenold purchased 200 shares of Kelsey class A common years ago time when the required rate of return for the stock was 96% She wants to sell her shares today. The current required rate of retum for the stock is 13 60% How much total capital gain or loss wako have on her shares? The value of the stock when Kim purchased was per share. (Round to the nearest cent) Enter your answer the answer box and then click Check Answer N c G 3 O Type here to search

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