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You are a senior analyst of a mutual fund, and you are assigned to write a report on a stock. The current stock price is
You are a senior analyst of a mutual fund, and you are assigned to write a report on a stock. The current stock price is $64, and the stock is expected to pay a dividend of $4 per share next year. If the investors' required rate of return is 14% pa, what is the expected price of this stock at the end of Year 2? $66.52 $71.24 $68.96 $74.30 $64.00
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