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Assume that a company's linear - growth stock has a current price ( P 0 ) of $ 4 0 . 0 0 , a

Assume that a company's linear-growth stock has a current price (P0) of $40.00, a long-run sustainable growth rate for dividends of $0.50/ year, and a required rate of return of 15.00 percent. Given this information, determine the expected price increase for this stock between Years 9 and 10.
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