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A companys dividend grows at a constant rate of 3 percent p.a.. Last week it paid a dividend of $4.10. If the required rate of

A companys dividend grows at a constant rate of 3 percent p.a.. Last week it paid a dividend of $4.10. If the required rate of return is 13 percent p.a., what is the price of the share 5 years from now? (round to nearest cent) a. $77.81 b. $47.53 c. $26.57 d. $48.96

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