What will be the dollar amount of your capital gain

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The common stock of Brutus Properties will pay an annual dividend of $2.70 one year from now. The company increases the dividends by 4 percent annually. Your required return on this stock is 13 percent. Assume that you purchase the stock today and sell it 5 years from now. What will be the dollar amount of your capital gain for those 5 years?

Reference no: EM131065693

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