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6 points You want to invest in a stock that pays a $4.00 annual cash dividend for the next eight years. At the end of
6 points You want to invest in a stock that pays a $4.00 annual cash dividend for the next eight years. At the end of that time, you will sell the stock for $120.00. you want to earn 9% on this investment, what is a fair price for this stock if you buy today? 55720 $8236 $47.66 $68.64 $98.84
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
