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A tecnology company is growing rapidly. A stock analyst predicted that its stock price will hit $200 in five years.
A tecnology company is growing rapidly. A stock analyst predicted that its stock price will hit $200 in five years. The stock market has been week and growing only at about 5% annually and inflation is expected to be 3% annually. What should you pay today to earn a 15% annual real return on an investment on this company's stock if they do not pay any dividends. Would broker fees afffect this?