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You are considering buying a share of stock which you expect to pay a dividend at the end of each of the next five years. As soon as you receive the last dividend, you plan to sell the stock. The dividends and expected selling price are shown in the table below. Use the required return in the table as your discount rate 7.09% Year Expected Selling Price Dividend Total Cash Flow Required return 0 1 2 $4.56 $4.56 3 4 $147.00 $4.56 $4.56 $4.56 $151.56 inflow inflow inflow inflow inflow What is this investment worth in today's money (i.e., what is the sum of the present values of each total cash flow)? $4.56 $4.56 $4.56 $4.56 5 Enter your answer as a number with four decimal places but without the currency symbol, like this: 90.1234 Type your answer... You are considering buying a share of stock which you expect to pay a dividend at the end of each of the next five years. As soon as you receive the last dividend, you plan to sell the stock. The dividends and expected selling price are shown in the table below. Use the required return in the table as your discount rate 7.09% Year Expected Selling Price Dividend Total Cash Flow Required return 0 1 2 $4.56 $4.56 3 4 $147.00 $4.56 $4.56 $4.56 $151.56 inflow inflow inflow inflow inflow What is this investment worth in today's money (i.e., what is the sum of the present values of each total cash flow)? $4.56 $4.56 $4.56 $4.56 5 Enter your answer as a number with four decimal places but without the currency symbol, like this: 90.1234 Type your answer... You are considering buying a share of stock which you expect to pay a dividend at the end of each of the next five years. As soon as you receive the last dividend, you plan to sell the stock. The dividends and expected selling price are shown in the table below. Use the required return in the table as your discount rate 7.09% Year Expected Selling Price Dividend Total Cash Flow Required return 0 1 2 $4.56 $4.56 3 4 $147.00 $4.56 $4.56 $4.56 $151.56 inflow inflow inflow inflow inflow What is this investment worth in today's money (i.e., what is the sum of the present values of each total cash flow)? $4.56 $4.56 $4.56 $4.56 5 Enter your answer as a number with four decimal places but without the currency symbol, like this: 90.1234 Type your answer... You are considering buying a share of stock which you expect to pay a dividend at the end of each of the next five years. As soon as you receive the last dividend, you plan to sell the stock. The dividends and expected selling price are shown in the table below. Use the required return in the table as your discount rate 7.09% Year Expected Selling Price Dividend Total Cash Flow Required return 0 1 2 $4.56 $4.56 3 4 $147.00 $4.56 $4.56 $4.56 $151.56 inflow inflow inflow inflow inflow What is this investment worth in today's money (i.e., what is the sum of the present values of each total cash flow)? $4.56 $4.56 $4.56 $4.56 5 Enter your answer as a number with four decimal places but without the currency symbol, like this: 90.1234 Type your answer...
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