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Consider a firm that has just paid a dividend of $2. An analyst expects dividends to grow at a rate of 8% per year for

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Consider a firm that has just paid a dividend of $2. An analyst expects dividends to grow at a rate of 8% per year for the next five years. After that dividends are expected to grow at a normal rate of 5% per year. Assume that the appropriate discount rate is 7%. The price of the stock today is a. $120.33 b. $123.43 SILV c. $136.29 d. $133.03 e $126.60

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