Beef Co. in one year is expected to trade at $23 per share. And is expected to
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Beef Co. in one year is expected to trade at $23 per share. And is expected to pay a dividend of 20 cents at the end of the year. If investments with equivalent risk have an expected return of 9%, what is the most you should pay for a Beef Co. stock today? What is the dividend yield and capital gain rate of this investment?
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