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Your advisor forecasts that LMN Corp will pay a $ 2 . 0 0 a year from now, $ 3 . 0 0 dividend in
Your advisor forecasts that LMN Corp will pay a $ a year from now, $ dividend in two years and $ dividend in three years from now, at which time the stock is expected to be worth $ per share. If this stock should have a required return, and the forecast is accurate, what would be the price expected for LMN Corp today?
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