You intend to purchase dorchester common stock at 49 per, Ask an Expert

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You intend to purchase Dorchester Common stock at $49 per share, hold it for 1 year, and then sell it after a dividend of $5.50 is paid. How much will the stock price have to appreciate for you to satisfy your required rate of return of 18 percent?

The stock price have to appreciate....% (round to two decimal places)

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Financial Management, Finance

Category:- Financial Management
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