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29. You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in dividends
29. You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in dividends and $32 from the sale of the stock at the end of the year. The maximum price you would pay for the stock today is if you wanted to carn a 10% return A. $30.23 B. $24.11 C. $26.52 D. $27.50 30. What constant-growth rate in dividends is expected for a stock valued at $32.40 if next year's dividend is forecast at $2.20 and the appropriate discount rate is 13.6%? A. 7.02% B. 6.59% C. 6.81% D. 7.38%
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