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A particular common stock has an annual cash dividend of $2.00 per share and is predicted to have a market value of $30 per share

A particular common stock has an annual cash dividend of $2.00 per share and is predicted to have a market value of $30 per share 5 years from now. Assuming a discount rate of 10%, a fair market price for the stock today is: Answer A) $20.00 B) $26.21 C) $37.58 D) $56.21

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