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The accompanying diagram shows the anticipated cash dividends for Delta Electronics over the next four years. John is interested in buying some shares of this
The accompanying diagram shows the anticipated cash dividends for Delta Electronics over the next four years. John is interested in buying some shares of this stock for a total of $100 and will hold them for four years. If John's interest rate is known to be 6% compounded annually, what would be the desired (minimum) total selling price for the set of shares at the end of the fourth year
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