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15 A company just paid a dividend of $3.00. They expect the growth rate of their dividends for the next three years will be 10%

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15 A company just paid a dividend of $3.00. They expect the growth rate of their dividends for the next three years will be 10% for dividends of $3.30, $3.63, and $3.993 respectively. They also expect the price of their stock, based on a reduced growth rate of 5% to be $46.585 at the end of the third year. What is the price of the stock today if the required rate of return is 14%? ints 8 01:25:48 Multiple Choice $31.44 $35.97 $36.41

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