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You own 460 shares of WS stock. The company plans on issuing a dividend of $.90 a share one year from today and then issuing
You own 460 shares of WS stock. The company plans on issuing a dividend of $.90 a share one year from today and then issuing a final liquidating dividend of $5.40 a share two years from today. Your required rate of return is 14 percent. Ignoring taxes, what is the value of your total holdings in this stock?
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