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Both questions A stock is expected to pay a dividend of $4.7 at the end of this year (this is Div1), and it should continue
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A stock is expected to pay a dividend of $4.7 at the end of this year (this is Div1), and it should continue to grow at a constant rate of 3.87% per year forever. If its required return is 9.66%, the stock's price today should be $ Do not round any intermediate work, but round your final answer to 2 decimal places (ex: 12.34567 should be entered as 12.35). Margin of error for correct responses: +/.05 Question 2 A stock paid a dividend of $5.99 at the end of this year (this is Div0), and it should continue to grow at a constant rate of 5.29% per year forever. If its required returr is 12.85%, the stock's price today should be $ Do not round any intermediate work, but round your final answer to 2 decimal places (ex: 12.34567 should be entered as 12.35). Margin of error for correct responses: +/.05 Step by Step Solution
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