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Based on the following information about GEN common stock, Last dividend per share: $5 Dividend growth rate: 3% Required rate of return: 15% What is

Based on the following information about GEN common stock,

Last dividend per share: $5

Dividend growth rate: 3%

Required rate of return: 15%

What is the expected price in 3 years, E(P3)?

Select one: a. $44.86 b. $47.20 c. $45.21 d. $46.13 e. $46.90

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