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An investor predicts that, one year from today, Acme Inc. will pay a common stock dividend of $1.75 and the price per share will be
An investor predicts that, one year from today, Acme Inc. will pay a common stock dividend of $1.75 and the price per share will be $35. If the investors required rate of return is 10%, how much should she expect to pay for the stock today? Show your work
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