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A stock expects to pay a dividend of $5.55 per share one year from today. After paying the dividend, the stock can be sold for

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A stock expects to pay a dividend of $5.55 per share one year from today. After paying the dividend, the stock can be sold for $139.77 per share. If the appropriate discount rate for the stock is 14 ? percent, how much is one share of the stock worth today? $942.04 $39.08 $117.14 $122.00 None of these options are correct

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