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30) 30) What would be the expected price of a stock when dividends are expected to grow at a 25 percent rate for four years,
30) 30) What would be the expected price of a stock when dividends are expected to grow at a 25 percent rate for four years, and then grow at a constant rate of 5 percent, if the stock's required return is 14 percent and next year's dividend will be $5.00? A) $81.60 B) $87.68 C) $82.08 D) $79.44 Persity
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