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Diamond Company stockholders expect to receive a dividend of $ 5 per share next year and then immediately sell their shares for $ 1 1

Diamond Company stockholders expect to receive a dividend of $5 per share next year and then immediately sell their shares for $115 dollars per share. If the required rate of return for the stock is 20 percent, what is the current value of the stock?
$132
$122
$100
$110

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