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You buy 100 shares of ABC stock at $25/share; stock currently pays $2/share in annual dividends. The price of the stock increases at 9%/year and
You buy 100 shares of ABC stock at $25/share; stock currently pays $2/share in annual dividends. The price of the stock increases at 9%/year and dividends grow at 6%/year. If you participate in a DRIP, How many of ABC stock will you have at the end of year 2? NEED help asap!! Time crunch
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