You are considering the purchase of a share of Gamma Growth, Inc. common stock. You...
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You are considering the purchase of a share of Gamma Growth, Inc. common stock. You expect to sell it at the end of one year for $56 per share. You will also receive a dividend ofS2.56 per share at the end of the next year. your required return on this stock is 8.34 percent, what is the most you would be willing to pay for Alfa Growth, Inc. common stock now? Round the answer to two decimal places
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