Calculate the expected price at the end of year three

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Calculate the expected price at the end of year 3 for a stock that just paid a $1.65 dividend, consistently pays a 60% dividend payout, a 10.5%, and a required return of 15%

An investor deposits $400 into a bank account that earns an annual interest rate of 8%. Based on this information, how much interest will he earn during the second year alone?

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Reference no: EM132028697

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