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Suppose you invested stock $ 1 , 0 0 0 , Dividend 1 0 0 ( 1 , 0 0 0 x 1 0 %

Suppose you invested stock $ 1,000, Dividend 100(1,000 x 10%). You intend to hold the stock for three years. You project you will be able to sell it at the end of year 4 for $1,200 and required rate of return 9.00%
What is Present Value?

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