Assume you plan to purchase a stock how much would you be, Financial Management

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Assume you plan to purchase a stock how much would you be

Assume you plan to purchase a stock, hold it for a year, then sell it. You find a stock that you believe will pay a $.50 dividend in 1 year. You also believe the stock will sell for $30 in one year. How much would you be willing to pay for the stock if your required return is 10%?

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Financial Management: Assume you plan to purchase a stock how much would you be

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