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Market Place recently announced that it will pay annual dividends of $10 in one year, $20 in two years, and $30 in three years from

Market Place recently announced that it will pay annual dividends of $10 in one year, $20 in two years, and $30 in three years from today. After that, the dividends and operations will cease forever. What is the value of this stock today if the required return is 10 percent? Show calculations.

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