Solved: If the current price of lmcv stock is 2240 and the firms, Basic Statistics

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If the current price of lmcv stock is 2240 and the firms

LMCV Trading is expected to pay dividends of $1.20 every six months for the next three years. If the current price of LMCV stock is $22.40, and the firm's equity cost of capital is 16%, what price would you expect LMCV stock to sell for at the end of three years?

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Basic Statistics: If the current price of lmcv stock is 2240 and the firms

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