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Suppose you plan to hold a stock for two years. You expect that, in two years, it will sell for $30 and it will pay

Suppose you plan to hold a stock for two years. You expect that, in two years, it will sell for $30 and it will pay a dividend of $3 per share every year. If your required return on equity is 10%, what is the most you should be willing to pay for the share today?

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