The current price of alpha betas common stock is 25 per, Ask an Expert

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The current price of Alpha Beta's common stock is $25 per share. You plan on buying it today, holding it for 3 years, and then selling it. You anticipate receiving a dividend per share $1 on year from today, $2.50 two years from today, and $2.40 three years from today. If you want to earn 20% on your investment, what price must you receive when you sell the stock three years from today?

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Financial Management, Finance

Category:- Financial Management
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