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Consider a stock that plans to pay a dividend in one year of $4. The dividends will increase from that point forward permanently at a

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Consider a stock that plans to pay a dividend in one year of $4. The dividends will increase from that point forward permanently at a rate of 2% per year. The required return is 14%. a. (3 points) What is the stock price today, in two years, and in 16 years? b. (2 points) What are the dividend yield and capital gains yield for this stock this year, in two years, and in 16 years

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