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So Cal Corporation will pay dividend of $ 2 . 5 per share for next three years and will pay $ 3 5 per share

So Cal Corporation will pay dividend of $2.5 per share for next three years and will pay
$35 per share liquidating dividend in three years (year 3). If your required return on this
investment is 9%, what would you pay for a share of the company stock? (*not to make
any mistake, draw a time line ???????).
$41.08
$46.22
$29.58
$57.72
$33.35
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