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A company's current stock price is $57 per share, while investors' required return is 15.50%. If the dividend for the year just ended is $6.25
A company's current stock price is $57 per share, while investors' required return is 15.50%. If the dividend for the year just ended is $6.25 per share, how much is the dividend in two years from today assuming a constant annual dividend growth?
Question 4 options:
a)$6.26
b)$6.43
c)$6.60
d)$6.77
e)$6.94
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