What is the current stock price, Finance Basics

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What is the current stock price

Problem

Keidis Industries will pay a dividend of $3.25, $4.35, and $5.55 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $50.00 per share. The return on similar stocks is 11.5 percent. What is the current stock price?

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Finance Basics: What is the current stock price

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