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4.6 Question O points possible (ungraded) Use the Gordon growth model formula to compute the price of a stock that will pay a $5 dividend

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4.6 Question O points possible (ungraded) Use the Gordon growth model formula to compute the price of a stock that will pay a $5 dividend per share next year and the dividend is expected to stay at $5 forever. Assume 5% cost of equity. The price of the stock today is $ 4.7 Question O points possible (ungraded) Let's start by assuming Cond just paid a dividend of $2.8 per share yesterday (instead of next period), and you expect this dividend to grow at 3%. Assume cost of equity is 6.5%. The price of Cond today is $ (keep one decimal place)

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