You are looking at a stock that you can sell for 70 in one


You are looking at a stock that you can sell for $70 in one year (existing offer in place). During the year, you will receive a dividend of $10 per share.You require a 25% rate of return. What are you willing to pay for the share?

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Financial Management: You are looking at a stock that you can sell for 70 in one
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