Consider a stock that will have price of $54 one year from now and pay a dividend

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Consider a stock that will have price of $54 one year from now and pay a dividend of $2.56 in one year. The expected rate of return is 5.6%.

What is the current price of the stock?

Related Book For answer-question

Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Jul 03, 2023 02:55 AM

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Consider a stock that will have price of $54 one year from now and pay a dividend

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Fundamentals Of Corporate Finance

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