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1. Assume that 325 shares of a stock are purchased at $32.17 per share and sold one year later at $29.52 per share. A dividend of $1.25 per share was paid. What is the one-year holding period return for this stock?

2. Explain clearly and completely how managers can use the payback approach to advance their own interest at the expense of the stockholders.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92870100

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