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Business, 04.11.2020 18:20 miguelturner

Suppose you are thinking of purchasing the Moore Co common stock today. If you expect Moore to pay $2 dividend at the end of year one and $3 dividend at the end of year two and you believe that you can sell the stock for $87 at that time. If your required return on this investment is 12%, how much will you be willing to pay for the stock

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