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Price a stock that pays a $3/yr. dividend for the next 7 yrs. After which it pays a $2/yr. dividend forever given a discount rate
Price a stock that pays a $3/yr. dividend for the next 7 yrs. After which it pays a $2/yr. dividend forever given a discount rate of 10%. Show in dollars and percent that you earn if you hold this stock for three years.
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