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    Exam 9: Compound Interest: Further Topics and Applications
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    Assume That the TD Bank Shares in Table 9
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Assume That the TD Bank Shares in Table 9

Question 262

Question 262

Short Answer

Assume that the TD Bank shares in Table 9.3 will pay a $2.54 per share dividend in 2013. What would the share price have needed to be at the end of 2013 for a total rate of return in 2013 of 7%?

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