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$38.51 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.07% per year.
$38.51 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.07% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 8 years from today?
(Hint : The answer for my version is 64.55 - This is the format
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