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$35.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.00% per year.
$35.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.00% per year. The required rate of return on the stock, 1 s, is 8.75%. What is the stock's expected price 3 years from today? O a $41.69 Ob: $42.28 O c. $43.49 O d. $41.10 e. $40.85
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