You find a stock that you believe will be worth $28.50 in one year. If...
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You find a stock that you believe will be worth $28.50 in one year. If you also expect that stock to pay a dividend of $.0.35 next year, what is the most you would be willing to pay for the stock now if you need an 11% return?
| A. $25.68 | |
| B. $25.36 | |
| C. $25.33 | |
| D. $25.99 |
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