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Suppose you are purchasing the stock of Moore Oil, Inc. You expect it to pay a $2 dividend in Year 1, and $2.10 dividend in

Suppose you are purchasing the stock of Moore Oil, Inc.

You expect it to pay a $2 dividend in Year 1, and $2.10 dividend in Year 2

You believe the stock sells for $14.70 at the end of Year 2

You require a return of 20% on investments of this risk. What is the maximum you would be willing to pay?

Please explain how to solve this on the calculator BA II Plus

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