Suppose that you just purchased a share of XYZ stock and expected to receive eight dividend payments of $1 over the next eight quarters and then sell…. Suppose that you just purchased a share of XYZ stock and expected to receive eight dividend payments of $1 over the next eight quarters and then sell the stock for $60.a. Assuming a discount rate of 12% (APR), what is the present value of the investment?
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Suppose that you just purchased a share of XYZ stock and expected to receive eight dividend payments of $1 over the next eight quarters and then sell…
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