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Consider a stock that will have dividends in the next three periods of $1.35, $1.61, and $1.69, respectively. The interest rate is 8%. What is
Consider a stock that will have dividends in the next three periods of $1.35, $1.61, and $1.69, respectively. The interest rate is 8%. What is the growth rate of the dividend in period 3? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES. 4.97 TE: 4.97+0.01% Click "Verify" to proceed to the next part of the question. If the growth rate is expected to be 4.97% indefinitely, what is the price of the stock in period 2? Enter your response below rounded to 2 DECIMAL PLACES Click "Verify" to proceed to the next part of the question. S 1 X 1 X
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