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Answer the following numerical questions: a. The current price of a stock is $20 and you plan to sell it in two years. If dividends

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Answer the following numerical questions: a. The current price of a stock is $20 and you plan to sell it in two years. If dividends are expected to be $1 per share for the next two years, and the required return is 10%, what should the price of the stock be when you sell it? b. You believe that a corporation's dividends will grow 5 percent on average forever. If the price of the stock is $100, what should be its next year's dividend payment if the required return is 10%? c. What is the yield to maturity on a simple loan for $2 million that requires a repayment of $4 million in three years' time

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