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There is an existent stock that pays $6 in (sem-annual) dividends, currently sells for $70 and holds a 13% expected return. How much or expect
There is an existent stock that pays $6 in (sem-annual) dividends, currently sells for $70 and holds a 13% expected return.
How much or expect investors to pay for this stock exactly one year from noew? (Please give a step by step sol)
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