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$33.43 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.33% per year.
$33.43 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.33% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 7 years from today? (Hint : The answer for my version is 56.55 - This is the format)
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