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A firm is expected to pay a dividend of $9.99 next year and $10.49 the following year and financial analysts believe the stock will be

image text in transcribed A firm is expected to pay a dividend of $9.99 next year and $10.49 the following year and financial analysts believe the stock will be at their target price of $120.04 in two years Compute the value of this stock assuming a required return of 16.00%. $105.62 $163.00 $122.52 $91.05 $121.14 $140.52 $93.31

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