Suppose you own the share of Estate Lancaster PLC and the expected dividends on this share is

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Suppose you own the share of Estate Lancaster PLC and the expected dividends on this share is £0.17 in one year. Calculate the holding-period dollar gain and return on this share if its current price is £4.40 and it is expected that by the end of a year the price will rise to £6.20.

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Foundations Of Finance

ISBN: 9781292318738

10th Global Edition

Authors: Arthur Keown, John Martin, J. Petty

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