Question
You purchased a share of stock at $100 on January 1, 2020, and the stock paid dividend of $10 per share at the end of
You purchased a share of stock at $100 on January 1, 2020, and the stock paid dividend of $10 per share at the end of each year. You sold the share at $90 at the end of 2024, just after receiving dividend for 2024. What is the annual effect rate of interest i?
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
