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WSW Corporation just paid a $4.2 dividend per share. You expect the dividend to grow at 10% per year for the next 2 years and
WSW Corporation just paid a $4.2 dividend per share. You expect the dividend to grow at 10% per year for the next 2 years and expect to sell the stock at $70 at the end of year 2. What is the maximum price you would pay to buy the stock? The required rate of return is 15%. Select one: $51.54 O b. $60.79 O c $54.12 O d. $57.44 a.
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