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Ford Motor Co . current stock price is $ 3 0 , and its last dividend was $ 1 . 2 0 . The required

Ford Motor Co

.

current stock price is $

30,

and its last dividend was $

1.20 .

The required rate of return for Ford is

12 % .

If dividends are expected to grow at a constant rate g

,

what is Ford Corp.s expected stock price Five Years from now?

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