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Kelsey Drums, Inc., is a well-established supplier of fine percussion instruments to orchestras all over the...

Kelsey Drums, Inc., is a well-established supplier of fine percussion instruments to orchestras all over the United States. The company's class A common stock has paid a dividend of $ 5 per share for the last 16 years Management expects to continue to pay at that amount for the foreseeable future. Sally Talbot purchased 1000 shares of Kelsey class A common 6 years ago at a time when the required rate of return for the stock was 16%. She wants to sell her shares today. The current required rate of return for the stock is 12% How much total capital gain or loss will Sally have on her shares? B. ESTIMATE THE ANNUAL AVERAGE RETURN OF SALLYS'S INVESTMENT

please answer part B ASAP

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