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Problems set 2 on Stock Valuation - Due when announced Complete these on a separate sheet of paper, showing all work. (1) American Express pfA

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Problems set 2 on Stock Valuation - Due when announced Complete these on a separate sheet of paper, showing all work. (1) American Express pfA shares are trading at $55.25 and promise a dividend of $4.90 annually. Assume that you have determined the appropriate RRR for these shares to be 8.5%. Evaluate using both approaches

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