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You know that the price of Crane, Inc., stock will be $26 exactly one year from today. Today the price of the stock is $23.

You know that the price of Crane, Inc., stock will be $26 exactly one year from today. Today the price of the stock is $23. Determine what must happen to the price of Crane, Inc., today in order for an investor to generate a 30 percent return over the next year. Assume that Crane does not pay dividends. The price should drop rise eTextbook and Media to $ A
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You know that the price of Crane, Inc, stock will be $2.6 exactly one year from today. Today the price of the stock is $23. Determine what must happen to the price of Crane. Inc, today in order for an imvestor to gencrate a 30 percent return over the next yeac, Assume that Crane does not pay dividends. Thepriceshould to $ You know that the price of Crane, Inc, stock will be $26 exactly one year from today, Today the price of the stock is $23. Determine what must happen to the price of Crane, Inc, today in order for an imvestor to generate a 30 percent return over the next vear. Assume that Crane does not pay dividends. The priceshould tos

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