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You are interested in buying a stock which you expect to pay a dividend of $2.48 in one year. After receiving the dividend, you expect
You are interested in buying a stock which you expect to pay a dividend of $2.48 in one year. After receiving the dividend, you expect to sell the stock for $62.86. Your required return is 17%. Up to how much should you be willing to pay for the stock now (in $)?
A.
54.65
B.
53.73
C.
51.61
D.
55.85
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