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Question: You're considering purchasing a share of Angry Dog Tavern, Inc. common stock. You can expect to sell it at the end of 1 year for $32.00. You will also receive a dividend of $2.50 at the end of the year (right before you sell the stock). If your required return on this stock is 12%, what is the most you would have willing to pay for the share of Angry Dog stock now?

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Basic Finance, Finance

Category:- Basic Finance
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