How much should she expect to pay for the stock today

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Reference no: EM13266296

An investor predicts that, one year from today, Acme Inc. will pay a common stock dividend of $1.75 and the price per share will be $35. If the investor's required rate of return is 10%, how much should she expect to pay for the stock today?

a.$30.52
b.$33.41
c.$36.75
d. $31.82

Reference no: EM13266296

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