Contantia, Inc , just paid a dividend of $13 8 per share on its stock The dividends are expected to grow at a constant rate of 8 8 percent per year, indefinitely If investors require a return of 21 32 percent on this stock, what is price in 6 years Select one a $198 92 b $182 75 C $197 55 d $221 33

Question

Contantia, Inc , just paid a dividend of $13 8 per share on its stock  The dividends are expected to grow at a constant rate of 8 8 percent per year, indefinitely  If investors require a return of 21 32 percent on this stock, what is price in 6 years  Select one  a  $198 92 b $182 75 C  $197 55 d  $221 33

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Contantia, Inc., just paid a dividend of $13.8 per share on its stock. The dividends are expected to grow at a constant rate of 8.8

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