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1 pts Question 20 Stock XYZ has a current dividend of $6.00 Growth in dividends from today to period 1 = 5.00% Growth in dividends

1 pts Question 20 Stock XYZ has a current dividend of $6.00 Growth in dividends from today to period 1 = 5.00% Growth in dividends from period 1 to period 2 = 6.00% Growth in dividends from period 2 to period 3 - 7.00% Growth from period 3 onward (Normal growth) = 4.00% Based on the riskiness for XYZ company, the discount rate for its stock is 8.00% What is the price of this stock in period 2? $185.78 $178.64 O $164.71 $171.59

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