levingj47 levingj47
  • 21-11-2022
  • Mathematics
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Your bank account pays an interest rate of 8%. You are considering buying a share of stock in xyzzy corporation for 4119.00. After 1,2, and 3 years, it will pay a dividend of $5.00. You expect to sell the stock after 3 yearsv for $120.00. Is xyzzy corporation a good investment? Support your answer with calculations.

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