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Aria Co.. just paid a dividend of $1.69 per share on its stock. The dividends are expected to grow at a constant rate of 7.2%
Aria Co.. just paid a dividend of $1.69 per share on its stock. The dividends are expected to grow at a constant rate of 7.2% per year indefinitely. If investors require an 12.2% return on ABC Co.. stock, answer the following: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.)
What will the price be in 15 years?
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