Question: Please provide explanation and process 2. (Problem Set 1 revisited) You bought Coca-Cola stock 3 years ago for $45/share. It paid dividends at the end
Please provide explanation and process
2. (Problem Set 1 revisited) You bought Coca-Cola stock 3 years ago for $45/share. It paid dividends at the end of the first, second and third years of $2/share, and you sold it for $50/share. Assuming you could reinvest the dividends at 2% per year, what is the annualized HPR on Coca-Cola stock over this 3-year period
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