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What will the share sell for three years from now

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Reference no: EM132934274

Problem 1: Electrics Inc. pays a constant dividend of $2 every year. What will the share sell for three years from now if the required rate of return is 9.0%?

a) $22.22

b) $21.30

c) $25.70

d) $28.78

Reference no: EM132934274

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