How much would you be willing to pay

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Question - Suppose you are thinking to purchase the stock of Mesfin Industrial Company. You are expected it to pay a dividend $3 in First year, $3.50 in the second year and $4.25 at the end of the third year and the stock price is expected to be $ 35.25. Required rate of return is 31%. Now how much would you be willing to pay?

Reference no: EM132572144

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