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A Corp.'s stock currently sells for $30.75 per share. The dividend is projected to increase at a constant rate of 4.5% per year. What is
A Corp.'s stock currently sells for $30.75 per share. The dividend is projected to increase at a constant rate of 4.5% per year. What is the stock's expected price 7 years from now?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
