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Consider a stock that will have dividends in the next three periods of $1.40, $1.54, and $1.62, respectively. The interest rate is 13%. What is

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Consider a stock that will have dividends in the next three periods of $1.40, $1.54, and $1.62, respectively. The interest rate is 13%. What is the growth rate of the dividend in period 37 Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES 5.19 Correct response: 5.19% Click "Verity to proceed to the next part of the question if the growth rate is expected to be 5.19% indefinitely, what is the price of the stock in period 2? Enter your response below rounded to 2 DECIMAL PLACES

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