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You own 300 shares of Abco stock. The firms plans on issuing a dividend of $2.50 a share one year from today and then issuing

You own 300 shares of Abco stock. The firms plans on issuing a dividend of $2.50 a share one year from today and then issuing a final liquidating dividend of $46.23 a share two years from today. Your required rate of return is 12.5 percent. Ignoring taxes, what is the value of one share of this stock to you today?

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