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18. Dual Power Company is expected to pay a dividend of $4 next period, and dividends are expected to grow at 6% per year. If
18. Dual Power Company is expected to pay a dividend of $4 next period, and dividends are expected to grow at 6% per year. If the required return is 16% and the current price (PO) is $40, what is the stock price at year 4 (P4)? * O A. $45.10 B. $48.20 C. $50.49 D. $52.30 O E. None of the above
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
