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Marmara MIS Company forecasts to pay dividends 2 TL, 2,5 TL, 3 TL, 3.5 TL, and 4 TL over the next five years, respectively.

Marmara MIS Company forecasts to pay dividends 2 TL, 2,5 TL, 3 TL, 3.5 TL, and 4 TL over the next five years, respectively. At the end of three years, you anticipate selling your stock at a market price of 100 TL. What is the price of the stock given a 12% expected return?

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