A stock is expected to pay an annual dividend of $0.20 and sell for $4.20 three years from today. Compute the value of t

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answerhappygod
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A stock is expected to pay an annual dividend of $0.20 and sell for $4.20 three years from today. Compute the value of t

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A stock is expected to pay an annual dividend of $0.20 and sell for $4.20 three years from today. Compute the value of the stock today if the discount rate is 9 percent.
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