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5 decimal place please thank you QUESTION 3 A stock pays out $4.53 per quarter, this is expected to grow at a 0.6% rate per
5 decimal place please thank you
QUESTION 3 A stock pays out $4.53 per quarter, this is expected to grow at a 0.6% rate per quarter forever. If the expected return of the stock is 9% per year, what is the current expected stock price (Remember to keep time consistent, quarter v.s. year) (Please write in decimal format using 5 decimal places and do not use the $ symbol) Step by Step Solution
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