Question: consider a stock that will pay out a dividends over the next 3 years of $1.45,$1.7, and $2.3, respectively. The price of the stock will
consider a stock that will pay out a dividends over the next 3 years of $1.45,$1.7, and $2.3, respectively. The price of the stock will be $34.63 at time 3. The interest rate is 14.5%. what is the current price of the stock?
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