Question: please check if this answer is correct. thank you! Question 4 (1 point) Saved You intend to purchase Dorchester common stock at $52.00 per share,

please check if this answer is correct. thank you!

Question 4 (1 point) Saved You intend to purchase Dorchester common stock at $52.00 per share, hold it for 1 year, then sell it after a dividend of $7.00 is paid. To what value would the stock price have to increase in order for you to satisfy your required rate of return of 15% Your Answer: 1.54

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