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The White Hats common stock will pay an annual dividend of $2.20 one year from now. The company increases the dividends by 2.5% annually. Your
The White Hats common stock will pay an annual dividend of $2.20 one year from now. The company increases the dividends by 2.5% annually. Your required return on this stock is 15%. Assume that you purchase the stock today and sell it three years from now. What will be the dollar amount of your capital gain for those three years?
| a. | $2.99 |
| b. | $3.06 |
| c. | $2.92 |
| d. | $1.32 |
| e. | $1.35 |
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Operations management
Authors: Jay Heizer, Barry Render
10th edition
978-0136119418, 136119417, 978-0132163927
