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A firm paid its annual dividend of $ 4 . 2 3 per share on its stock yesterday. The dividend is expected to grow at

A firm paid its annual dividend of $4.23 per share on its stock yesterday. The dividend is expected to grow at a rate of 1.31 percent per year into the foreseeable future. The expected rate of return on this stock is 19.35 percent. What is the expected price of the stock three years from today?
$23.76
$23.45
$24.70
$19.00
$1,869.54
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