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A firm is expected to pay dividend of $2.55 next year and $2.70 the following year. Financial analysts believe the stock will be a their

A firm is expected to pay dividend of $2.55 next year and $2.70 the following year. Financial analysts believe the stock will be a their price target of $40 in 2 years. Compute the value of this stock ith a required return of 12.5 percent

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