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EDZ Co.'s stock price is $35, and it recently paid a $1.6 dividend. This dividend is expected to grow by 15% for the next 3

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EDZ Co.'s stock price is $35, and it recently paid a $1.6 dividend. This dividend is expected to grow by 15% for the next 3 years, then grow forever at a constant rate, g; and rs = 13%. 15. At what constant rate is the stock expected to grow after Year 3? OA) 6.55% B) 13% C) 6.97% OD) None of the above

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