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b ) Your broker has advised you to buy shares of Fast repair computer repair shop, which has paid a dividend of $ 2 per
b Your broker has advised you to buy shares of Fast repair computer repair shop, which has paid a dividend of $ per share annually and will according to the broker continue to do so for many years. The stock is currently priced at $ You have good reason to think that the appropriate rate of return for this stock is per year. Is the stocks present price a good approximation for the true financial value? What would you like to pay for the share and should you buy or sell now?
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