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CSCO currently pays $2 in dividends and you think the company can increase dividends at 9% a year. If the required return for CSCO is
CSCO currently pays $2 in dividends and you think the company can increase dividends at 9% a year. If the required return for CSCO is 11.%, what should be the company's stock price in 10 years using the dividend discount model?
The correct answer is $169.10
Every other Chegg answer for this is wrong, I have tried every formula. Please provide a step by step in excel and show exactly what to put in each cell. Will give thumbs up if correct
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