What would you pay for a stock whose price you estimate will be $50 in 10 years and you wish to earn a return on the investment of 9%? Ignore brokerage commissions and tax implications and assume the stock paid no dividends during the holding period.
(a)$45
(b)$41
(c)$21.10
(d)$15

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The Answer of What would you pay for a stock whose price you estimate will be $50 in 10 years and you wish to earn a return on the investment of 9%? Ignore brokerage commissions and tax implications and assume the stock paid no dividends during the holding period.
(a)$45
(b)$41
(c)$21.10
(d)$15

What Would You Pay for a Stock Whose Price You