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You have purchased 100 shares of stock in a publically traded REIT that invests in apartment complexes throughout the US. The company is expected pay
You have purchased 100 shares of stock in a publically traded REIT that invests in apartment complexes throughout the US. The company is expected pay quarterly dividends of $1.50 per share. If you expect the stock will be worth $75 per share at the end of the five years, what is the value of the stock to you today if your required rate of return on an annual basis is 14%?(use the financial calculator)
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