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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
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.$221.33 b.$182.75 c. $198.92 d. $197.55
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