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10. An investor will hold a stock for 4 years, in year 1, 2 and 3, it will pay $5 in dividends, in year 4

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10. An investor will hold a stock for 4 years, in year 1, 2 and 3, it will pay $5 in dividends, in year 4 you will sell it for $79 and it will pay $6 in dividends, if your required rate of return is 10%, what is the stock worth today? D Po = (r-9)

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