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Desert Rock, Inc. just paid an annual dividend of $3.15. The company has increased its dividend by 2.5 percent a year for the past ten

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Desert Rock, Inc. just paid an annual dividend of $3.15. The company has increased its dividend by 2.5 percent a year for the past ten years and expects to continue doing so. What will a share of this stock be worth six years from now if the required return is 14 percent

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