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You are considering the purchase of a share of Blue Grass, inc. common stock. You expect to sell it at the end of one year for $87 a share. You will also receive a dividend of $5.36 per share at the end of the next year. If your required return on this stock is 7.39% , what is the most you would be willing to pay for Blue Grass, Inc common stock now?

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Financial Management, Finance

Category:- Financial Management
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