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You buy a share of The Ludwig Corporation stock for $22.90. You expect it to pay dividends of $1.11, $1.14, and $1.1708 in Years 1,

You buy a share of The Ludwig Corporation stock for $22.90. You expect it to pay dividends of $1.11, $1.14, and $1.1708 in Years 1, 2, and 3, respectively, and you expect to sell it at a price of $30.58 at the end of 3 years.

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