Margaritaville stock currently sells for $61.00 per share and has a 10.20% expected return. The firm plans
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Question:
Margaritaville stock currently sells for $61.00 per share and has a 10.20% expected return. The firm plans to pay a $5.28 per share dividend next year. What will be its stock price one year from today?
a.$66.28
b.$67.22
c.$61.94
d.$51.62
e.$80.52
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