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Sanford common stock is expected to pay $1.85 in dividends next year, and the market price is projected to be $49.80 per share by year-end.
Sanford common stock is expected to pay $1.85 in dividends next year, and the market price is projected to be $49.80 per share by year-end. If investors require a rate of return of 12 percent, what is the current value of the stock?
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