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4. Assume that Goodman Industries stock has a required return of 13%. You will use this required return rate to discount the dividends calculated earlier.

4. Assume that Goodman Industries stock has a required return of 13%. You will use this required return rate to discount the dividends calculated earlier. If you plan to buy the stock, hold it for 3 years, and then sell it for $27.05, what is the most you should pay for it?

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