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please do it in 25 minutes please urgently.. I'll give you up thumb definitely 5. You plan to buy a dividend-paying stock with no growth
please do it in 25 minutes please urgently.. I'll give you up thumb definitely
5. You plan to buy a dividend-paying stock with no growth rate. The most recent dividend paid by the stock is $3.23, and the market is using a discount rate of 15% to price the stock. If, after one year, the discount rate remains unchanged, what is the dollar return on your investment that you will realize by selling the stock? a. $2.88 b. $3.23 C. $4.13 d. $3.92 e. None of the aboveStep by Step Solution
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