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Company's next dividend of $4.00 will be paid next year. Dividends are expected to grow by 6% per year indefinitely. If the required return on

Company's next dividend of $4.00 will be paid next year. Dividends are expected to grow by 6% per year indefinitely. If the required return on Company stock is 16%, what do we expect the market price of Company's stock to be in 4 years?

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