Question 17 XYZ stock is expected to pay a dividend of $3.00 in one year...

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Question 17 XYZ stock is expected to pay a dividend of $3.00 in one year and $4.00 in two years. You think that you can sell the stock im $80.02 $76.95 $93.86 $82.66 $105.71 can sell the stock in two years for $100.00. The cost of equity for this firm is 14.0% per year. The fair price for the stock is

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