Suppose the goddess tells you the following information, Financial Management

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Suppose the goddess tells you the following information

Suppose the goddess tells you the following information about a stock: Year Dividend 1 $2 2 $2 3 $4 She also tells you that the stock will sell for $46 at three years from now. If you require a 13% return to invest in this stock, what do you expect the price of the stock to be one year from now (P1)? Answer to 2 decimal places,

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Financial Management: Suppose the goddess tells you the following information

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