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Suppose the goddess tells you the following information about a stock:

Year Dividend

1 $1

2 $3

3 $3

She also tells you that the stock will sell for $33 at three years from now If you require a 13% return to invest in this stock, what do you expect the price of the stock to be one year from now.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92846193

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