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Business, 23.08.2019 01:20 donttrip18

The cfo of a publicly traded company is expecting to pay a dividend next year of $1.25 and projecting that the price of the company’s stock will be $45 in 1 year. the cfo has determined that the required rate of return for the company is 10%. based on the data available, what is the value of one share of stock today?

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