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1) suppose you decide to hold the stock for three years. In addition to the dividends at the end of years 1 and 2, you

1) suppose you decide to hold the stock for three years. In addition to the dividends at the end of years 1 and 2, you expect to receive a dividend of $2.205 at the end of year 3 and the stock price is expected to be $15.435. How much would you be willing to pay?

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