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You own 310 shares of Abco, Inc. stock. The company has stated that it plans on...

You own 310 shares of Abco, Inc. stock. The company has stated that it plans on issuing a dividend of $.75 a share at the end of this year and then issuing a final liquidating dividend of $2.15 a share at the end of next year. Your required rate of return on this security is 8 percent. Ignoring taxes, what is the value of one share of this stock today? $2.50 $2.94 $2.76 $2.54 $2.99

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ANSWER 2 0.15 - 1 . 08 -も + 2.15 0.74 2. 15 0.9159 0. 85731 1. 85 2.5y → opion(d)

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