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  3. the current price of a stock is $82. if dividends

The current price of a stock is $82. If dividends are expected to be $1.00...

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Finance

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The current price of a stock is $82. If dividends are expected to be $1.00 per share for the next six years, and the required return is 9%, then what should the price of the stock be in 6 years when you plan to sell it? The price 6 years from now will be $1 (Round your response to the nearest dollar.)

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