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You are considering the purchase of a stock with the following characteristics: the current price is $59 and you expect three annual dividends of $2.00
You are considering the purchase of a stock with the following characteristics: the current price is $59 and you expect three annual dividends of $2.00 $2.40 and $2.80, and at the end of three years you anticipate the stock will sell for $74. What is the AYTM of the stock?
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