Question: An analyst estimates that a stock will pay a $3 dividend next year and that it will sell for $45 at year-end. If the
An analyst estimates that a stock will pay a $3 dividend next year and that it will sell for $45 at year-end. If the required rate of return is 12%, what is the value of the stock? O $33.54. O36.52 O $42.86. O $43.95.
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