Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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If D1 = $1.75, g (which is constant) = 5%, and P0 = $50, what is the stock's expected total return for the coming year?
(Round your answer to 2 decimal places.)
Please work out the problem, do not use excel.
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