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What is the price of the stock today

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Reference no: EM132814499

Question - You have been analyzing a stock which is expected to have a price of $80 in three years. It is also expected to pay dividends of $2 in each of the three years. What is the price of the stock today if the interest rate is 4%?

A. $72.21

B. $76.67

C. $71.12

D. $75.10

E. None of the above.

Reference no: EM132814499

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