Evalute your answer with calculations

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Reference no: EM1360835

Your bank account pays an interest rate of 8%. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5.You expect to sell the stock after 3 years for $120. Is XYZ a good investment? Support your answer with Calculations.

Reference no: EM1360835

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