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5.* It is important to note to students that in this example the year 1 cash flow was given. If the current dividend were $1.30, then we would need to multiply it by one plus the growth rate to estimate the year 1 cash flow. 5.* 5.* Point out that the APR is the same in either case, but your effective rate is different. Ask them which account they should use. 5.* Using the calculator: The TI BA-II Plus has an I conversion key that allows for easy conversion between quoted rates and effective rates. 2nd I Conv NOM is the quoted rate; down arrow EFF is the effective rate; down arrow C/Y is co
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