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A stock with a required return of 14.87% has the cash flows in the table below. Yr 1 Cash Flows Yr 2 Cash Flows Yr
A stock with a required return of 14.87% has the cash flows in the table below.
| Yr 1 Cash Flows | Yr 2 Cash Flows | Yr 3 Cash Flows | |
| Dividend | $2.16 | $4.37 | $6.46 |
| Price | $108.84 |
How much is the stock worth today?
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Financial Liberalization And The Reconstruction Of State Market Relations
Authors: Robert B. Packer
1st Edition
1138488518, 978-1138488519
