You buy 50 shares of PTON stock at $30/share; stock currently pays $3/share in annual dividends.Price of
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You buy 50 shares of PTON stock at $30/share; stock currently pays $3/share in annual dividends.Price of the stock increases at 20%/year and dividends grow at 10%/year.If you participate in DRIP, how many PTON shares will you have at the end of the first year?
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