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1 . Stock A has the following returns for various states of the economy: Stock A ' s expected return is 9 . 6 %
Stock A has the following returns for various states of the economy:
Stock As expected return is
Red Rock, Inc. declared a dividend last month of $ per share. Management expects the dividend to increase next year to $ If the dividend is expected to stay at $ per year for the foreseeable future, what is the value of the stock to an investor with a required rate of return of
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