It is estimated that the share will distribute profit per share of TL 0,2 in the first
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Question:
It is estimated that the share will distribute profit per share of TL 0,2 in the first year, TL 0,3 in the second year, and TL 0,7 in the third year, and may be sold in the market for TL 4 at the end of the third year. What is the value of the stock if the investor expects 20% return for the first year, 25% for the second year and 30% for the third year?
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