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You are considering the purchase of a stock with the following characteristics: the current price is $56 and you expect three annual dividends of $1.40,
You are considering the purchase of a stock with the following characteristics: the current price is $56 and you expect three annual dividends of $1.40, $1.60 and $2.00, and at the end of three years you anticipate the stock will sell for $68. What is the AYTM of the stock? O 17.7% 9.33% 9.45% O 17.3%
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