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Fanshawe Corporation is expected to pay an annual dividend of $0.20 per share in the coming year, and to trade for $15.15 at the end
Fanshawe Corporation is expected to pay an annual dividend of $0.20 per share in the coming year, and to trade for $15.15 at the end of the year. If investments with the same risk as Fanshawe's stock have an expected return of 10.75%, what is the most you would pay today for Fanshawe's Stock?
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