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An investor plans to hold the stock of Dependable Utility, Inc. for the next three years. Dependable is expected to pay dividends of $ 2
An investor plans to hold the stock of Dependable Utility, Inc. for the next three years. Dependable is expected to pay dividends of $ at the end of year $ at the end of year and $ at the end of year If the investor plans to sell Dependables stock for $ at the end of year and the investor requires a rate of return on this investment, what is the most this investor should be willing to pay today for this stock?
An investor plans to hold the stock of Dependable Utility, Inc. for the next three years. Dependable is expected to pay dividends of $ at the end of year $ at the end of year and $ at the end of year If the investor plans to sell Dependables stock for $ at the end of year and the investor requires a rate of return on this investment, what is the most this investor should be willing to pay today for this stock?
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