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Suppose that a stock pays three annual dividends of S10, $20, and S30 in years 1, 2 and 3. respectively and the discount rate is

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Suppose that a stock pays three annual dividends of S10, $20, and S30 in years 1, 2 and 3. respectively and the discount rate is k = 14 percent What is the price of the stock today? Select one: a S48.16 0 b. 544.41 c. $46.23 d. $45.08

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