Question: Stack Limited is expected to pay a $2.50 payment at the end of year for the next 4 years. At the end of 4 years,

Stack Limited is expected to pay a $2.50 payment at the end of year for the next 4 years. At the end of 4 years, after the dividend is paid, the stock price is expected to be 56.60. Find the 4-year holding period return on the stock if it currently trades for $29.29.

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