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Find the price (rounded to the nearest cent) of a common share that is expected to pay dividends D1=$4, D2=$7 at t=1 and at t=2
Find the price (rounded to the nearest cent) of a common share that is expected to pay dividends D1=$4, D2=$7 at t=1 and at t=2 respectively and $8 dividend at the end of each year after that. Assume shareholders demand a 10% expected rate of return per yea
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