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  3. 0. the sports club plans to pay an annual dividend

0. The Sports Club plans to pay an annual dividend of RM1.20 per share next...

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0. The Sports Club plans to pay an annual dividend of RM1.20 per share next year, RM1.12 per share a year for the following two years, and then a final liquidating dividend of RM14.20 per share four years from now. How much is one share of this stock worth to you today if you require a rate of return of 18.7 percent of this risky investment

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