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Company X is expected to pay an end-of-year dividend of $10 a share. After paying the dividend, its stock is expected to sell at $104.
Company X is expected to pay an end-of-year dividend of $10 a share. After paying the dividend, its stock is expected to sell at $104. If the market capitalization rate is 5%, what is the current stock price? A. 108.6 B. 104.2 C. 82.8 D. 94.2
Company X is expected to pay an end-of-year dividend of $10 a share. After paying the dividend, its stock is expected to sell at $104. If the market capitalization rate is 5%, what is the current stock price?
A. 108.6
B. 104.2
C. 82.8
D. 94.2
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