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Question 9-1: . A share of stock will pay a $1 dividend in one year and a $1.25 dividend in two years The price of

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Question 9-1: . A share of stock will pay a $1 dividend in one year and a $1.25 dividend in two years The price of the stock in two years will be $25 Calculate the current price of the stock assuming a required return of 10% A. $20.00 B. $21.69 C. $22.60 D. $24.77 E. $27.25 9

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