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You are considering the purchase of a stock with the following characteristics:the current price is $26 and you expect three annual dividends of $.40, $.50
You are considering the purchase of a stock with the following characteristics:the current price is $26 and you expect three annual dividends of $.40, $.50 and $.60, and at the end of three years you anticipate the stock will sell for $35.What is the AYTM of the stock?
11%
12%
13%
10%
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