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Please use formula instead of excel to solve this 15. How much would you pay for a share of stock today if you expect it

image text in transcribedPlease use formula instead of excel to solve this

15. How much would you pay for a share of stock today if you expect it will pay a dividend of $2.50 each year and will sell for $73 two years from now? Assume your required rate of return on this stock is 13 percent. A. B. C. D. $60.50 $55.50 $53.54 $61.34

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