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Equate Inc. stock currently sells for $40.00 per share. The stock is projected to have a constant growth in dividends. The expected dividend yield on

Equate Inc. stock currently sells for $40.00 per share. The stock is projected to have a constant growth in dividends. The expected dividend yield on the stock is 4%. The required rate of return on the stock, rs, is 9.50%. What is the stock's expected price 5 years from today?

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