Loblaw shares in Table 9.3 will pay a $0.84 dividend in 2007. What must the share price be at the end of 2007 for a total rate of return in 2007 of 7%?

Name: Loblaw shares in Table 9.3 will pay a $0.84 dividend in 2007. What must the share price be at the end of 2007 for a total rate of return in 2007 of 7%?
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The Answer of Loblaw shares in Table 9.3 will pay a $0.84 dividend in 2007. What must the share price be at the end of 2007 for a total rate of return in 2007 of 7%?

Loblaw Shares in Table 9