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Need help with this finance question 10. How much should an investor pay now for a stock expected to sell for $23 one year from
Need help with this finance question
10. How much should an investor pay now for a stock expected to sell for $23 one year from now if the stock offers a $1.3 dividend, dividends are taxed at 40%, capital gains are taxed at 20%, and a 16% after-tax return is expected on the investment? (Do not round intermediate calculations.) o $20.21 O $18.16 O $19.98 O $2062 Step by Step Solution
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