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Question
You have been researching a company and have estimated that the firm's stock will sell for $44 a share one year from now. You also estimate the stock will have a dividend yield of 2.18 percent.How much are you willing to pay per share today to purchase this stock if you desire a total return of 15 percent on your investment?
A. $37.55
B. $38.00
C. $38.24
D. $39.00
E. $40.20
Answer
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Related questions
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Q:
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