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Suppose that XYZ stock is selling for $ 15 a share (Po 115). The investment expect $5.00 dividend payment over the next year (DIVI-$5.00). They

Suppose that XYZ stock is selling for $ 15 a share (Po 115). The investment expect $5.00 dividend payment over the next year (DIVI-$5.00). They also expected to sell for $120.00 in a year time (PI $120). Calculate holding period retum for this stock.

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