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What is the current price (P0) of stock that has a D1 of $2, a D2 of $3, and a year 2 price (P2) of
What is the current price (P0) of stock that has a D1 of $2, a D2 of $3, and a year 2 price (P2) of $47 while its return (rS) is 10%?
a. $39.61
b. $43.14
c. $52
d. $38.84
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