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Etling Inc.'s dividend is expected to grow at 6% for the next two years and then at 3% forever. If the current dividend is $3

Etling Inc.'s dividend is expected to grow at 6% for the next two years and then at 3% forever. If the current dividend is $3 and the required return is 16%, what is the price of the stock? Multiple Choice $26.15 $27.58 $25.82
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Etting inc's dividend is expected to grow at 6% for the next two years and then at 3% forever if the current dividend is $3 and the required refurn is 16%, what is the price of the stock? Multiple Choice $2615 $2758 $2582

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