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you expected a share of stock to pay dividends of $1, $1.25 and $1.5 in each of the next 3 years. you believe the stock
you expected a share of stock to pay dividends of $1, $1.25 and $1.5 in each of the next 3 years. you believe the stock will sell for $20 at the end of the third year. a. what is the stock price it the discount rate for the stock is 10 percent. b. what is the dividend yield?
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