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a. Viola Inc. paid its most recent (2020) annual dividend of $2.5 per share. The firm's financial manager expects that these dividends will grow

 

a. Viola Inc. paid its most recent (2020) annual dividend of $2.5 per share. The firm's financial manager expects that these dividends will grow at a 4% annual rate over the next four years. If the firm's cost of capital, rs, is 6.5%, then find out the price of the stock at the end of 2020.

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