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This morning, you purchased a stock that will pay an annual dividend of $1.90 per share next year. You require a 12 percent rate of

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This morning, you purchased a stock that will pay an annual dividend of $1.90 per share next year. You require a 12 percent rate of return and the dividend increases at 3.25 percent annually. What will your capital gain be in dollars on this stock if you sell it three years from now? Multiple Choice $2.19 $2.63 $2.87

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