Business, 12.12.2019 05:31 Deavionaaaaa

You are considering the purchase of a share of ranch's common stock. you expect to sell it at the end of 1 year for $32.00. you will also receive a dividend of $2.50 at the end of the year. ranch just paid a dividend of $2.25. if your required return on this stock is 12%, what is the most you would be willing to pay for it now

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You are considering the purchase of a share of ranch's common stock. you expect to sell it at the en...