If you require an annual rate of return of 12 percent what


Suppose you are willing to pay $30 today for a share of stock which you expect to sell at the end of one year for $32.

If you require an annual rate of return of 12 percent, what must be the amount of the annual dividend which you expect to receive at the end of Year 1?

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Financial Management: If you require an annual rate of return of 12 percent what
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