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A share of stock is expected to pay dividend of 2 in Year 1 and 2.5 in Year 2. The stock will be sold for

A share of stock is expected to pay dividend of 2 in Year 1 and 2.5 in Year 2. The stock will be sold for 10 in year 2. What is the share price if the discount rate of the share is 8% ? 18.07 3.07 12.57 15.85

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