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. Delphin's Marina is expected to pay an annual dividend of $0.58 next year. The stock is selling for $8.53 a share today and has

. Delphin's Marina is expected to pay an annual dividend of $0.58 next year. The stock is selling for $8.53 a share today and has a total return of 12 percent. If the constant dividend growth rate is 5.2%, what is the expected stock price in two years? A. $8.53 B. $9.11 C. $9.44 D. $9.69 E. $10.27

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