Question: You have been analyzing a stock which is expected to have a price of $80 in three years. It is also expected to pay dividends

You have been analyzing a stock which is expected to have a price of $80 in three years. It is also expected to pay dividends of $2 in each of the three years. What is the price of the stock today if the interest rate is 4%? A. $72.21 B. $76.67 C. $71.12 D. $75.10 E. None of the above.

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