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Sagot :
The cash return on the stock given its value now, dividend per share and its value in a year's time is 3.34% .
What is the cash return?
The cash return is the sum of the dividend yield and the price return.
Dividend yield = dividend / price of the share today
$4 / 60 = 6.67%
Price return = (price in year's time - price today) / price today
= (58 - 60) / 60 = -3.33%
Cash return = 6.67% - 3.33% = 3.34%
To learn more about dividend yield, please check: https://brainly.com/question/27342287
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