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What is a fair price for the stock if buy today

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Reference no: EM132708777

Problem 1: You want to invest in a stock that pays? $4.00 annual cash dividends for the next three years. At the end of the three? years, you will sell the stock for? $35.00. If you want to earn? 9% on this? investment, what is a fair price for this stock if you buy it? today?

Reference no: EM132708777

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