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Stock is currently selling for $24 a share. You are thinking of purchasing the stockand holding it for three years and selling when the price

Stock is currently selling for $24 a share. You are thinking of purchasing the stockand holding it for three years and selling when the price is estimated to be $36. You also expect the following three annual dividends: $1.20, 1.30 and 1.40. If you would like to earn 10% on your investment, should you consider this stock?

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