An investor is thinking about buying some shares of

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An investor is thinking about buying some shares of Computer Engines, Inc., at $60 a share. She expects the price of the stock to raise to $100 a share over the next 3 years. During that time, she also expects to receive annual dividends of $3 per share. Given that the investor’s expectations hold up, what rate of return cash can she expect to earn on this investment?

Reference no: EM13395219

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