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A Common Stock will pay a Cash Dividend of $4 next year. If the Discount Rate is 14%, what is the PV of the Stream

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A Common Stock will pay a Cash Dividend of $4 next year. If the Discount Rate is 14%, what is the PV of the Stream of Dividend Payments? 6. a. $3.51 b. $4.65 c. $28.57 d. $5.81 e. $18.91

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