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A company is growing at a constant rate of 6 percent. Last week it paid a dividend of $2.00. If the required rate of return

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A company is growing at a constant rate of 6 percent. Last week it paid a dividend of $2.00. If the required rate of return is 14 percent, what is the price of the stock three years from now? (Do not round intermediate calculations. Round final answer to two decimal places.) $48.91 $40.32 $41.02 $31.56

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