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How much should you be willing to pay for a stock today, if you expect that the stock will pay dividends $2, $3 and $4
How much should you be willing to pay for a stock today, if you expect that the stock will pay dividends $2, $3 and $4 at the end of years 1, 2 and 3 respectively and you can sell the stock for $50 at the end of year 3? Assume that the required rate of return on the stock is 10%.
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