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$38.50 per share is the current price for Foster Farms stock. The dividend is projected to increase at a constant rate of 5.50% per year.

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$38.50 per share is the current price for Foster Farms stock. The dividend is projected to increase at a constant rate of 5.50% per year. The required rate of return on the stock, to, s 9.00%. What is the stock's expected price 3 years from today? Select the correct answer. 54125 O . 144.05 @ 1425 d. 14245 54365

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