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a stock market analyst whose opinions you hold in high regard just released a report saying she believes stock price will reach price of $87
a stock market analyst whose opinions you hold in high regard just released a report saying she believes stock price will reach price of $87 in two years. The estimated earnings will be sufficient to pay dividends of $9 per share next year and and $13 per share 2 years from now. If stock has 15% required return What would you be willing to pay today for share of company's stock?
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