What is the most you would be willing to pay for it today

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Suppose the goddess tells you the following information about a stock: Year Dividend 1 $2 2 $4 3 $4 She also tells you that the stock will sell for $53 at three years from now. If you require a 13% return to invest in this stock, what is the most you would be willing to pay for it today? answer to 2 decimal places,

Reference no: EM131583598

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