The price of YouRus is now $65. The company pays no dividends. Mr. Milton Rapier expects the

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The price of YouRus is now $65. The company pays no dividends. Mr. Milton Rapier expects the price 4 years from now to be $105 a share. Should Mr. Rapier buy YouRus if he desires a 15% rate of return? Explain.

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Personal Financial Planning

ISBN: 9781439044476

12th Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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