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You bought Barbie Stock at $80 per share and hold the stock for 3 years. The company paid $2, $3 and $4 dividends in years
You bought Barbie Stock at $80 per share and hold the stock for 3 years. The company paid $2, $3 and $4 dividends in years 1, 2 and 3, respectively. What would the year 3 stock price need to be to meet your required rate of return of 13%?
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