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A share of stock has a dividend that is expected to grow at a constant perpetual rate. During the next year ( t = 0
A share of stock has a dividend that is expected to grow at a constant perpetual rate.
During the next year to the dividend yield is expected to be
The capital gains yield for the next year is expected to be
Dividends are paid at year's end.
If the dividend paid at the end of the year at is expected to be $ what is a fair price for the stock in exactly years from today?
Answer to the nearest $
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