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Connolly Co.'s expected year-end dividend is D1=$1.75, its required return is rs=11.00%, its dividend yield is 6.00%, and its growth rate is expected to be

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Connolly Co.'s expected year-end dividend is D1=$1.75, its required return is rs=11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Connolly's expected stock price in 7 years, i.e., what is P^7 ? Select the correct answer. a. $41.04 b. $41,40 c. $40.68 d. 540.32 e. $41.76

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