Question: Question 1 Consider a stock that will pay out a dividends over the next 3 years of $1.2, $1.95, and $2.3, respectively. The price of

Question 1 Consider a stock that will pay out a dividends

Question 1 Consider a stock that will pay out a dividends over the next 3 years of $1.2, $1.95, and $2.3, respectively. The price of the stock will be $39.9 at time 3. The interest rate is 6%. What is the current price of the stock? 2 points Enter your response below rounded to 2 DECIMAL PLACES. Number

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