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How much would you pay for a share of stock today if you expect it will pay a dividend of $2.50 each year and will

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How much would you pay for a share of stock today if you expect it will pay a dividend of $2.50 each year and will sell for $58 two years from now? Assume your required rate of return on this stock is 13 percent. a) $60.50 b)$55.50 c) $53.54 d) $49.59

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