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Suppose you have desired to hold the stock for 5years and sale it thereafter. Dividend is expected to be 100 per year. The stock is

Suppose you have desired to hold the stock for 5years and sale it thereafter. Dividend is expected to be 100 per year. The stock is expected to be sold at 1,000 after 5 years. How much maximum price do you pay today if the required rate of return is 10%.
A. 1030 B. 1245 C. 379 D. 1000
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2. Suppose you have desired to hold the stock for 5 years and sale it thereafter. Dividend is expected to be br, 100 per year. The stock is expected to be sold at br. 1,000 after 5 years. How much maximum price do you pay today if the required rate of return is 10%. A. 1,030 B. 1245 C. 379 D. 1000

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