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Business, 26.11.2019 03:31 cdjeter12oxoait

You are considering buying a share of stock in xyz corporation. at the end of years 1, 2, and 3 the stock will pay you a dividend of $15. in addition, at the end of the third year you expect to sell the share of stock for $100. if the interest rate is 3%, how much is the share of xyz stock worth to you today?

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