Should consider the stock

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Problem 1: Stock is currently selling for $24 a share. You are thinking of purchasing the stock and holding it for three years and selling when the price is estimated to be $36. You also expect the following three annual dividends: $1.20, 1.30 and 1.40. If you would like to earn 10% on your investment, should you consider this stock?

Reference no: EM132760989

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