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Your broker recommends that you purchase Good Mills at $30. The stock pays a $3.20 annual dividend, which (like its per share earnings) is expected

Your broker recommends that you purchase Good Mills at $30. The stock pays a $3.20 annual dividend, which (like its per share earnings) is expected to grow annually at 8 percent. If you want to earn 15 percent on your funds, is this stock a good buy?

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