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What is the value today of a stock that will pay a dividend of $2.00 one year from now, a $2.50 dividend in year two
What is the value today of a stock that will pay a dividend of $2.00 one year from now, a $2.50 dividend in year two and a dividend of $3.00 three years from now if its expected price in year three is $30? The stock has a required rate of return of 8%.
Group of answer choices
$6.38
$27.27
$22.37
$36.95
$30.19
$4.28
I just asked this however was not given correct option
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