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Bayyoud wants to buy a stock, which will pay $1 dividend in next year, price of this stock will be $55 in next year; how

Bayyoud wants to buy a stock, which will pay $1 dividend in next year, price of this stock will be $55 in next year; how much you are willing to pay for this stock today, if your required rate for investment is 14%? a. $48 b. $45 C. $49 d. $55

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