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6.67 pts A company's stock currently sells for $17.58 per share. The stock's dividend is projected to increase at a constant rate of 5.75%
6.67 pts A company's stock currently sells for $17.58 per share. The stock's dividend is projected to increase at a constant rate of 5.75% per year. The required rate of return on the stock, is 13.50%. What is the expected stock price 6 years from today? O33.28 O 20.87 O 24.59 O 30.48 27.69
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
