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consider a stock that currently pays a dividend of $ 0 . 8 5 a share. you have a required return on equities of 1

consider a stock that currently pays a dividend of $0.85 a share. you have a required return on equities of 10%. you think the dividend next year will be 4% larger than the current dividend and the price next year will be $15, What price would youplace on the stock how?
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