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Answer all questions ! 9-5: Constant Growth Stocks Valuation of a constant growth stock A stock is expected to pay a dividend of $1.75 the

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9-5: Constant Growth Stocks Valuation of a constant growth stock A stock is expected to pay a dividend of $1.75 the end of the vear that is. D.-$1.75 and it should continue t grow at a constant rate of 7% a year. If ts re are returns 13%, what is the stock's expected pnce 4 years from today 7 Round your answer to two decimal places

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