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Suppose a stock pays $10 in dividends the first year, $15 the next year, $20 the third year and then goes bankrupt. If the discount
Suppose a stock pays $10 in dividends the first year, $15 the next year, $20 the third year and then goes bankrupt. If the discount rate is 1.5%, what is the value of this stock?
2B. Suppose a stock pays dividends of $10 a year for five years and then goes bankrupt. The discount rate is 1.5%. Compute using a function.
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