The current price of a stock is 20 and last yearrsquos
The current price of a stock is $20 and last year’s price was $18.87. The latest dividend is $2. Assume a constant growth rate in dividends and stock price. What is the stocks return for the coming year? Please show all work, including formula used.
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a true or false assume that the expectations hypothesis for interest rates is true if the real rate of interest is 3
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