Question: 9. 10 points. A stock does not currently pay dividends. You expect that the stock will pay a dividend of $3 in 3 years and

 9. 10 points. A stock does not currently pay dividends. You

9. 10 points. A stock does not currently pay dividends. You expect that the stock will pay a dividend of $3 in 3 years and you estimate that you could sell the stock for $200 at that time. If the required return is 14%, what is the most you should pay for the stock

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