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A financial analyst expects Crane Service Inc. to pay a dividend of $2.02 per share one year from today, a dividend of $2.26 per share
A financial analyst expects Crane Service Inc. to pay a dividend of $2.02 per share one year from today, a dividend of $2.26 per share in years two, estimates the market value of the stock at the end of year two to be $72. If your required return on Crane Service stock is 11 %, what is the most you would be willing to pay for the stock today if you plan to sell the stock in two years
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