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XYZ Corporation's next dividend is expected to be $2 per share. Your risk-adjusted discount rate is 12%, and according to analysts the stock price will

XYZ Corporation's next dividend is expected to be $2 per share. Your risk-adjusted discount rate is 12%, and according to analysts the stock price will be $110 in one year's time. How much would you pay for a share of XYZ stock today?

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$120

$95

$110

$100

$115

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