You can buy Anoruo Inc. today for $85. Over the next year, it is expected to pay
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You can buy Anoruo Inc. today for $85. Over the next year, it is expected to pay a dividend of $2. You think the price one year from now will be $90.50. Based on this information, what is your implied rate of return from Anoruo stated as a percentage? Show two ways to calculate your answer that produce identical results.
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Related Book For
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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