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16. How much would you pay for a stock with the following data? Dividend Year 1 = $1.56 Dividend Year 2 = $1.80 Constant Price
16. How much would you pay for a stock with the following data?
Dividend Year 1 = $1.56
Dividend Year 2 = $1.80
Constant Price Year 2 = $84.00
Discount rate = 8%
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