How much would you be willing to pay for the stock today

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You consider buying a stock that is expected to ay a dividend of $2 one year from today, and another dividend of $10 three years from today. You expect to sell the stock at a price of $60 at the end of 4 years. The required rate of return on equity is 10%. How much would you be willing to pay for the stock today?

Reference no: EM13274008

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