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A stock paying $4.90 in annual dividends sells now for $79.80 and has an expected return of 15%. What might investors expect to pay for
A stock paying $4.90 in annual dividends sells now for $79.80 and has an expected return of 15%. What might investors expect to pay for the stock 1 year from now? Multiple Choice
O $82.87
O $86.87
O $9177
O $87.87
DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION
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