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A stock current dividend is $1.00 and its expected dividend is $1.10 next year. If the investor required rate of return is 15% and the

A stock current dividend is $1.00 and its expected dividend is $1.10 next year. If the investor required rate of return is 15% and the stock is currently trading at $20.00. What is the implied expected price in one year

A. 22.00

B.21.90

C. 23.00

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