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A stock with a required return of 10.02% has the cash flows in the table below. Yr 1 Cash Flows Yr 2 Cash Flows Yr
A stock with a required return of 10.02% has the cash flows in the table below.
Yr 1 Cash Flows | Yr 2 Cash Flows | Yr 3 Cash Flows | |
Dividend | $1.29 | $5.15 | $6.42 |
Price | $114.98 |
How much is the stock worth today?
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