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Assume that a company's linear - growth stock has a current price ( P 0 ) of $ 3 0 . 0 0 , a

Assume that a company's linear-growth stock has a current price (P0) of $30.00, a long-run sustainable growth rate for dividends of $0.16/ year, and a required rate of return of 10 percent. Given this information, determine the expected price increase for thits ....'? between Years 24 and 25.
$1.50
$1.83
$1.29
$1.00
$1.60
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