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You find a stock priced at $23.20 that you expect to pay a dividend a $0.50 next year. What price will the stock need to
You find a stock priced at $23.20 that you expect to pay a dividend a $0.50 next year. What price will the stock need to reach next year to provide a 12% return for the year?
| A. $25.48 | |
| B. $26.48 | |
| C. $25.98 | |
| D. $27.18 |
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
1st Edition
0131163604, 9780131163607
