What is the most you can pay for the stock today
Question: Analysts expect a stock to be selling for $22.00 in one year. it is also expected to pay a $1.00 dividend during the year. If you require a 15% return on this kind of investment, what is the most you can pay for the stock today?
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If you require a 15% return on this kind of investment, what is the most you can pay for the stock today?
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