Question: QUESTION 1 3 2 points Save Answer Magnum LLC has paid a dividend of AED 1 3 per share per year for the last 2
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Magnum LLC has paid a dividend of AED per share per year for the last years and is expected to continue paying it in the foreseeable future. The current required rate of retum for the stock is You purchased shares of Magnum common stock years ago at a time when the required retum for the stock was How much capital gain or loss will you have if you sell your shares today. Hint: to calcualte capital gain and loss calculate the new price and old price of shares Please write your final answer in the box below. Please write the formula, steps for calculation in the space provided in the next question. Also, interpret your results in the space provided below in terms of whether it was a good investment or a bad investment.
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