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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

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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 $70, and the stock paid a dividend of $4 per share this morning. If the investors' required rate of return is 14% pa, what is the expected price of this stock at the end of Year 2? $79.86 $81.40 $83.14 $77.60 $75.49

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