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The market price by the end of the year is expected to be

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Stock Valuation-Single Period. Mary Czech is considering the purchase of stock X at the beginning of the year. The dividend at year-end is expected to be $3.25, and the market price by the end of the year is expected to be $25. If she requires a rate of return of 12 percent, what is the value of the stock?

Reference no: EM13574515

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