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Check my work Jack Hammer invests in a stock that will pay dividends of $3.02 at the end of the first year; $3.34 at the
Check my work Jack Hammer invests in a stock that will pay dividends of $3.02 at the end of the first year; $3.34 at the end of the second year; and $3.66 at the end of the third year. Also, he believes that at the end of the third year he will be able to sell the stock for $52. 10 points What is the present value of all future benefits if a discount rate of 9 percent is applied? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Present Value eBook Dividend 3.02 Hint 3.34 Print 3.66 52.00 References Total $ 0.00
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