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7. We can view an investment decision like a capital budgeting decision. Consider a stock priced at $31 that you believe will pay a dividend

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7. We can view an investment decision like a capital budgeting decision. Consider a stock priced at $31 that you believe will pay a dividend next quarter of $0.50, and that quarterly dividends after that will grow forever at 2% per quarter. If your required rate of return for this stock is 3.5% per quarter, what is the NPV of investing in this stock? Should you invest

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