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You are looking at various investments and would like to purchase a stock that you expect will pay dividends of $2.50 annually. You expect this
You are looking at various investments and would like to purchase a stock that you expect will pay dividends of $2.50 annually. You expect this stock to be selling on the stock market for $58 one year from now. Assume your required rate of return is 13%. How much should you pay?
Question 18 options:
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a) | $55.50 |
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b) | $60.50 |
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c) | $53.54 |
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d) | $49.59 |
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