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Verizon stock is currently selling for $52.18. It pays an annual dividend of $2.47. You expect to hold the stock for 4 years at which

Verizon stock is currently selling for $52.18. It pays an annual dividend of $2.47. You expect to hold the stock for 4 years at which time you expect to sell for $59.12. What is your expected holding period return for your stock investment if the next dividend is due in exactly one year?

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