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Suppose you expect Target to pay dividends of $2.05 per share and trade for $50 per share at the end of the year. If investments
Suppose you expect Target to pay dividends of $2.05 per share and trade for $50 per share at the end of the year. If investments with equivalent risk to Target's stock have an expected return of 10.0%, what is the most you would pay today for Target's stock? $43.59 $45.45 $55.00 $47.32
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