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FIN 419 Week 1 Business Structure and Financial Statements
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FIN 419 FINAL EXAM NEW JUNE 2017
You want to invest in a stock that pays $6.00 annual cash dividends for the next five years. At the end of the five years you will sell the stock for $30.00. If you want to earn 10% on this investment what is a fair price for this stock if you buy it today?