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1.A stock is expected to pay a dividend of $9.50 at the end of the year. The required rate of return is 9%, and the
1.A stock is expected to pay a dividend of $9.50 at the end of the year. The required rate of return is 9%, and the expected growth rate is 3%. What is the stock's current price?
2.A stock is expected to pay a year-end dividend of $3.00. The dividend is expected to decline at a rate of 8% per year, forever. If the company is in equilibrium and its expected and required return is 11%, what is the companies expected stock price?
3.If D1=$14, g=5%, and Po=$236, what is the expected return for the coming year?
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