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What is the aytm of the stock

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Reference no: EM132811987

You are considering the purchase of a stock with the following characteristics: the current price is $26 and you expect three annual dividends of $.40, $.50 and $.60, and at the end of three years you anticipate the stock will sell for $38. What is the AYTM of the stock?

Reference no: EM132811987

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