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Business, 19.08.2020 14:01 natalie2sheffield

Upper Crust Bakers just paid an annual dividend of R2.80 a share and is expected to increase that amount by 4 per cent per year. If you are planning to buy 1,000 shares of this equity next year, how much should you expect to pay per share if the market rate of return for this type of security is 11.50 per cent at the time of your purchase?

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