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You are considering purchasing a stock that currently sells for $48. The expected price of the stock in a year is $46, and during the

You are considering purchasing a stock that currently sells for $48. The expected price of the stock in a year is $46, and during the coming year a $5 dividend is expected to be paid. The risk-free rate is 4% and the market return is 10%. The stock has a beta of 0.9. What is the holding period return of the stock?

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