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Black Inc. ' s stock currently sells for $ 4 1 . 0 0 per share. The dividend is projected to increase at a constant

Black Inc.'s stock currently sells for $41.00 per share. The dividend is projected to increase at a constant rate of 3.25% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now?

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