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A firm is expected to pay a dividend of $1.00 next year and $150 the following year Financial analysts believe the stock will be at

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A firm is expected to pay a dividend of $1.00 next year and $150 the following year Financial analysts believe the stock will be at their target price of $40.00 in two years. Compute the value of this stock with a required return of 8 percent. Select one A $39.35 B. $33.80 C. $36.51 D. $33.97

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