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10. The stock of Wilson Leather Inc. just paid a dividend of $1.20 today. The dividends will grow at a constant rate of 6% per

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10. The stock of Wilson Leather Inc. just paid a dividend of $1.20 today. The dividends will grow at a constant rate of 6% per year indefinitely. The stock is traded at $12.72 today. If the required return on the stock is 16%, what will the stock price become in five years? A. $16.06 B. $17.02 O C. $18.04 O D. $26.72

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