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What is the maximum you should pay for gg company

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You have a 2-year investment horizon and are planning to purchase GG Co. You believe you can sell this stock for $50 two years from now, and it will pay a dividend of $1 this year and $1.10 next year. For a 14% discount rate, what is the maximum you should pay for GG Co.?

Reference no: EM13869759

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