Considering investing in shares of macleod industries

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You are considering investing in shares of MacLeod Industries, which is currently trading at $50 per share, just paid a $4.40 dividend, and plans to maintain a 4.00% growth rate in its dividend. You also know that the expected return on the market is 14.00%. Should you purchase this stock, why or why not? (you must support your decision with numbers)

Reference no: EM132040436

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