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You are considering acquiring a share and selling it at the end of one year. You expect to receive both $1.50 in dividends and $26
You are considering acquiring a share and selling it at the end of one year. You expect to receive both $1.50 in dividends and $26 from the sale of the share at the end of the year. What is the maximum price you would pay for the share today if you wanted to earn a 15% return? a) $23.91 b) $24.11 c) $27.30 d) $27.50
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