Business, 05.12.2019 19:31 Brock2002

You want to invest in a stock that pays $4.00 annual cash dividends for the next three years. at the end of the three years, you will sell the stock for $35.00. if you want to earn 9% on this investment, what is a fair price for this stock if you buy it today?

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You want to invest in a stock that pays $4.00 annual cash dividends for the next three years. at the...