How much would you pay for a share of stock paying a dividend ( cash payout C)
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Question:
How much would you pay for a share of stock paying a dividend (cash payout C) of $4
4 to be paid in oneyear, a known selling price in one year (P) of $25
25, and expected return (R) of similar assets of 10
10%?
. (Round your response to the nearestpenny.)
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