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Camila is considering to purchase Infinity Corporation stock. She predict that the company will pay dividends of $3.50 per share next year and $4.00 per
Camila is considering to purchase Infinity Corporation stock. She predict that the company will pay dividends of $3.50 per share next year and $4.00 per share the following year. She also believe that you can sell the stock for $20.00 per share two years from now. Question: If your required rate of return is 10%, what is the maximum price that you would pay for a share of Infinity Corporation stock
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