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3. Use the following information to apply the constant growth model to determine the price of ASD stock. Dividend History 2016 $1.00 2017 1.07

3. Use the following information to apply the constant growth model to determine the price of ASD stock. Dividend History 2016 $1.00 2017 1.07 2018 1.15 2019 1.23 2020 1.33 The required return for ASD is 15%.

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