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1. Harrison Clothiers' stock currently sells for $53 a share. It just paid a dividend of $1 a share. The dividend is expected to grow
1. Harrison Clothiers' stock currently sells for $53 a share. It just paid a dividend of $1 a share. The dividend is expected to grow at a constant rate of 6% a year. What is the required rate of return? What stock price is expected 1 year from now? (1 point)
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077400163
