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3. Nipun's current stock price is $36 and its DO= $2.4. The company's required rate of return is 12% and the dividend is expected to

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3. Nipun's current stock price is $36 and its DO= $2.4. The company's required rate of return is 12% and the dividend is expected to grow at a constant rate. What will be the price of the stock 5 years from now? 5 marks

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