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6. A company's stock will pay a dividend of $2.30 next year and with grow at 6% per year after that. If your discount rate

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6. A company's stock will pay a dividend of $2.30 next year and with grow at 6% per year after that. If your discount rate is 10%, what is the most you would be willing to pay for this stock? a. $40.27 b. $46.96 c. $51.81 d. $57.50 7. You buy a stock for $30, get a dividend of $4 and sell the stock for $38. Your capital gain was: a. $4 b. $8 c. $12 d. $16

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