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You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $3.50 in dividends and
You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $3.50 in dividends and $42 from the sale of the stock at the end of the year. The maximum price you would pay for the stock today is if you wanted to earn a 10% return. Select one: a. $23.91 b. $24.11 c. $26.52 d. $27.50 e. None of the options are correct
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