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HNA Group Co. Ltd expects to pay a dividend of $15 per share at the end of year 1, $20 per share at the end

HNA Group Co. Ltd expects to pay a dividend of $15 per share at the end of year 1, $20 per share at the end of year 2, and then be sold for $150 per share at the end of year 2. If the required rate of return on the stock is 7 percent, what is the current value of the stock?


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