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ejoty ejoty
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2 months ago
Zephyr Inc. sells wind based systems for generating electricity.  The company pays no dividends, but you estimate the stock will be worth $50 per share 5 years from now and you require a 15% rate of return for stock investments of this type.  What price should you be willing to pay for this stock?

▸ $12.50

▸ $24.86

▸ $43.48

▸ $57.50
Textbook 

Fundamentals of Investing


Edition: 14th
Authors:
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jasmjasm
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2 months ago
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$24.86

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