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You expect a stock to pay dividends of 0.80, $1.20, $1.85, $2.00 over the next 4 years. You will receive the first dividend exactly year
You expect a stock to pay dividends of 0.80, $1.20, $1.85, $2.00 over the next 4 years. You will receive the first dividend exactly year from now. You expect the stock to sell for a price of $67.75 four years from now.
if the required rate of returne is 10% what is the price of the stock today?
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Personal Finance A Practical Approach
Authors: Jane King, Mary Carey
1st Edition
0199668833, 9780199668830
