I the annual required rate of return for the stock is 20


A Company stakeholders received a dividend of 10 $ per share in 1 year. They also expect to be able to sell each share for 122 $ just after they receive the 10 $ dividend. If the annual required rate of return for the stock is 20 %, what should be the current price of the stock?

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Finance Basics: I the annual required rate of return for the stock is 20
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