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Spartan Furniture Pty Ltd Is Selling for $50

Question 54

Multiple Choice

Spartan Furniture Pty Ltd is selling for $50.00 per share today.In one year, Spartan will be selling for $48.00 per share, and the dividend for the year will be $3.00.What is the cash return on Spartan shares?


A) $51.00
B) $1.00
C) $2.00
D) $3.00

Correct Answer:

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