A stocks price is 20 at the beginning of a year there is a, Ask an Expert

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A stock's price is $20 at the beginning of a year. There is a 25 percent chance that the price will be $17 at the end of the year, and a 75 percent chance that the price will be $25 at the end of the year. The stock will pay a dividend of $3 during the year. The expected return on the stock is ____ percent.

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Financial Management, Finance

Category:- Financial Management
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