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Assume that the required rate of return on XYZ's stock is 11.5% and that the currently market price is $35.25 per share. XYZ's dividend is

Assume that the required rate of return on XYZ's stock is 11.5% and that the currently market price is $35.25 per share. XYZ's dividend is expected to increase at a constant rate of 4.75%. What is the stock's expected price 5 years from now?

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