(Answered) The current price of dumbas common stock is 25 per share

Engineering

The current price of DUMBA's common stock is $25 per share. You plan on buying it today, holding it for 4 years, and then selling it. You anticipate receiving a dividend per share of $1.00 one year from today, $2.00 two years from today, $2.50 three years from today, and $2.50 four years from today. If you want to earn 20% on your investment, what price must you receive when you sell the stock four years from today?

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