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What is the most that you should pay for a share of common stock if you expect the following payout of dividends and sale price,
- What is the most that you should pay for a share of common stock if you expect the following payout of dividends and sale price, and your required rate of return is 10%.
Year | 1 | 2 | 3 | 4 |
Dividend Payments | $2 | $12 | $22 | $5 |
Sale Price |
|
|
| $78 |
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