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6. The Sports Club plans to pay an annual dividend of $1.20 per share next year, $1.12 per share a year for the following two
6. The Sports Club plans to pay an annual dividend of $1.20 per share next year, $1.12 per share a year for the following two years, and then a final liquidating dividend of $14.20 per share four years from now. How much is one share of this stock worth to you today if you require a rate of return of 18.7 percent of this risky investment? 15) (10 Points) Enter your
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