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could someone help me? A stock is expected to poy a dividend of $3.00 at the end of the year (Le, D1=$3.00 ), and it
could someone help me?
A stock is expected to poy a dividend of $3.00 at the end of the year (Le, D1=$3.00 ), and it should continue to grow at a constant rate of 5% a year. If its required return is 14%, what is the stock's expected price 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent Step by Step Solution
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