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kolitchko kolitchko
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6 years ago
Suppose you are considering buying shares of a stock to hold for one year. The stock has an expected annual dividend of $2 and an expected price at the end of the year of $25. If your required rate of return is 10%, what is the most that you should be willing to pay for the stock? Round off to the nearest cent.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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