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SAT, 04.01.2022 14:00 uh8hardiek

You are planning to purchase the stock of ted's sheds inc. And you expect it to pay a dividend of $3 in 1 year, $4. 25 in 2 years, and $6. 00 in 3 years. You expect to sell the stock for $100 in 3 years. If your required return for purchasing the stock is 12 percent, how much would you pay for the stock today?.

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