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Knightmare, Inc., will pay a dividend of $6.05, $10.15, and $13.35 per share for each...

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Finance

Knightmare, Inc., will pay a dividend of $6.05, $10.15, and $13.35 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of 11.4 percent on the company's stock. What is the current stock price? Multiple Choice $30.29 $28.66 $35.57 $26.61 $23.27

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