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Business, 14.12.2019 02:31 21raytyrm

You are planning to purchase the stock of ted's sheds inc. and you expect it to pay a dividend of $3 in year 1, $4.25 in year 2 and $6.00 in year 3. you expect to sell the stock for $100 in year 3. if your required return for purchasing the stock is 12%, how much would you pay for the stock today?

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You are planning to purchase the stock of ted's sheds inc. and you expect it to pay a dividend of $3...
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