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Business, 10.07.2019 20:30 maxgeacryne2199

You are considering the purchase of a certain stock. you expect to own the stock for the next four years. the current market price of the stock is $24.50 and you expect to sell it for $55 in four years. you also expect the stock to pay an annual dividend of $1.25 at the end of year 1, $1.35 at the end of year 2, $1.45 at the end of year 3 and $1.55 at the end of year 4. what is your expected return from this investment? a.21.78 percent b.18.36 percent c.32.85 percent d.26.68 percent e. none of these choices are correct.

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