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Long's Drug Store with 3 years of cash flows. 1) Estimate the share price assuming the Cost of Equity is 6.8%,and 2) What would you

Long's Drug Store with 3 years of cash flows. 1) Estimate the share price assuming the Cost of Equity is 6.8%,and 2) What would you recommend to your clients if A) The market price is$40/share or B) $50/share?

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