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You expect a common stock to pay xed dividends of $15 per year for the next 10 years. You also expect the price of this

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You expect a common stock to pay xed dividends of $15 per year for the next 10 years. You also expect the price of this stock in year 10 to be $100. This stock is moderately risky and you require a rate of return of k = 0.15 from this stock. This means you are willing to pay dollars for it today

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