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A Company is growing at 10% for Year 1 through 5, and will grow at a rate of 4% from Year 6 onward into infinity.

A Company is growing at 10% for Year 1 through 5, and will grow at a rate of 4% from Year 6 onward into infinity. The required rate of return is 10% and it just paid a dividend of $2. What is the stock price of A Company in Year 5?

Question 16 options:

55.83

86.26

31.50

66.64

43.88

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