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a. Suppose a stock is worth $35 in one year, and the stock will pay a $5 dividend at the end of the year. If

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a. Suppose a stock is worth $35 in one year, and the stock will pay a $5 dividend at the end of the year. If you require a 15 percent on your investment, what is the most you will pay for the stock? b. Burhard Corp. pays a constant $15.25 dividend on its stock. The company will maintain this dividend for the next nine years and will then cease paying dividends forever. If the required return on this stock is 9.2 percent, what is the current share price

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