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$13.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.50% per year.

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$13.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.50% per year. The required rate of return on the stock, r's, is 9.00%. What is the stock's expected price 3 years from today? Select the correct answer. a. $15.03 b. $14.37 C. $13.71 d. $14.70 e. $14.04

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