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Own Inc has an expected stock price of $85 and is expected to pay $1 dividend in each of the next two years. What is
Own Inc has an expected stock price of $85 and is expected to pay $1 dividend in each of the next two years. What is the fair value of stock if discount rate is 10%?
A.
$39.07
B.
$71.98
C.
$26.05
D.
$78.14
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