How much should you expect to pay per share if the market


Albert just paid a $4.1 a year dividend which is expected to increase by 3.2% per year. If you are planning on buying this stock three years from today, how much should you expect to pay per share if the market rate of return for this type of security is 8.8% at the time of your purchase? Please show work.

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Financial Management: How much should you expect to pay per share if the market
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