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True or False: You believe WSU stock will pay dividends of $ 1 . 0 0 , $ 1 . 2 5 , and $

True or False: You believe WSU stock will pay dividends of $1.00, $1.25, and $1.50 at the end of each of the next 3 years. Immediately after receiving the third dividend, you will sell the stock for $28.50. If the appropriate discount rate is12%, you should be willing to pay $20.75 for this stock.

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