A stock will pay a dividend of 4 at the end of the year it


A stock will pay a dividend of $4 at the end of the year. It sells today for $100 and is expected to sell in one year for $105. What is the implied rate of return on this stock? Enter in percent and round to two decimal places. Please show work.

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Financial Management: A stock will pay a dividend of 4 at the end of the year it
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