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Please answer the following question and show all work. Suppose that you are thinking about buying a stock that you would hold for 3 years.

Please answer the following question and show all work.

Suppose that you are thinking about buying a stock that you would hold for 3 years. This means that you will collect you $2 dividend in 1 year, $2.20 dividend in 2 years and $3 dividend in 3 year. Hopefully, you will sell it for $130.10 at that time. If you require a return of 10% on the stock, how much should you be willing to pay today?

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