Suppose you are thinking to purchase the stock of Mesfin Industrial Company

Q.No.7 Suppose you are thinking to purchase the stock of Mesfin Industrial
Company. You are expected it to pay a dividend $3 in First year, $3.50 in the second year and $4.25 at the end of the third year and the stock price is expected to be $ 35.25. Required rate of return is 31%. Now how much would you be willing to pay?
 

 
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