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You want to invest in a stock that is currently trading at $50 per share. You believe the stock will increase in value by 10%

You want to invest in a stock that is currently trading at $50 per share. You believe the stock will increase in value by 10% per year for the next 5 years, and you want to know how much your investment will be worth at the end of the 5-year period. Assume that you do not reinvest any dividends and that there are no transaction costs.

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