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The stock of Sedly Inc. is expected to pay the following dividends. Year 1 2 3 4 Dividend $2.25 $3.40 $1.80 $2.00 At the
The stock of Sedly Inc. is expected to pay the following dividends. Year 1 2 3 4 Dividend $2.25 $3.40 $1.80 $2.00 At the end of the fourth year its value is expected to be $37.50. What should Sedly sell for today if the return on stocks of similar risk is 13.282%? Round PVF values in intermediate calcualtions to four decimal places. Round the answer to two decimal places.
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
