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An investor is going to buy stock, collect dividend payments for 6 years, then sell the stock. The investor wants to earn 1 3 %
An investor is going to buy stock, collect dividend payments for years, then sell the stock. The investor wants to earn return on investment. Based on the following details, what is the maximum price the investor should be willing to pay for this stock? Most recent historical dividend at "year $ Expected growth rate of dividends Selling price at end of year $
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