Question: 3. Suppose you earned a 10% total return on a stock for which you paid a price of $52 exactly one year ago today (so

3. Suppose you earned a 10% total return on a stock

3. Suppose you earned a 10% total return on a stock for which you paid a price of $52 exactly one year ago today (so P2019 = $52). In addition, of your 10% total return suppose you experienced a 4% dividend yield. If you decide to sell this stock today, what must be the current stock price in 2020? That is, what is P2020

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