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A stock is expected to pay $X in 5 years and $1.5X in 10 years. Those are the only two dividends that the shareholders will

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A stock is expected to pay $X in 5 years and $1.5X in 10 years. Those are the only two dividends that the shareholders will receive in the future. If the current stock price is $50.00 and the discount rate is 6%, what is the value of x? 1) $37.94 2) $34.14 3) $28.34 4) $31.55 Previous Page Page 19 of 20 Prts0 3 5 6 7 8 9 0 E R T Y U

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