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A metal manufacturing company is going public by offering their shares at $79 with $3...

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Finance

A metal manufacturing company is going public by offering their shares at $79 with $3 as annual dividends to the open market. According to the companys business trend, it is expected to grow at 2.4% per year. What would be your advice to a group of investors interested on inves)ng 25% of their quarter profits as long as they have a 12% guaranteed retur

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