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Business, 12.11.2020 18:50 dsdlskds3880

A share of LinkedIn, Inc. stock is expected to pay a dividend of $1.20 in 1 year, $1.44 in 2 years, and $1.60 in 3 years. In 3 years, you expect that you can sell the stock for $34.60 right after you receive Div3. Using a required rate of return of 12%, calculate the fair price for a share of LinkedIn stock today.

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A share of LinkedIn, Inc. stock is expected to pay a dividend of $1.20 in 1 year, $1.44 in 2 years,...
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