(Answered) Suppose you are thinking of purchasing the moore cos common

Finance

Suppose you are thinking of purchasing the Moore Co.'s common stock today. If you expect Moore to pay $2.1, $2.2, $2.32, and $2.43dividends at the end of year one, two, three, and four respectively and you believe that you can sell the stock for $65 at the end of year four. If you required return on this investment is 9%, how much will you be willing to pay for the stock?

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