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What would be the price of a stock that pays an annual fixed dividend of $1.1 for ten years, and then the dividend payment
What would be the price of a stock that pays an annual fixed dividend of $1.1 for ten years, and then the dividend payment increases by 1% every year, and the required rate of return is 5% annually? Over the past 3 years an investment returned 0.16, -0.12, and 0.05. What is the variance of returns?
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