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Ewert Enterprises stock currently sells for $35.00 per share. The stock's dividend is projected to increase at a constant rate of 7.00% per year. The
Ewert Enterprises stock currently sells for $35.00 per share. The stock's dividend is projected to increase at a constant rate of 7.00% per year. The required rate of return on the stock, rs, is 15.00%. What is Ewert's expected price 3 years from today? A. 40.07 OB. 42.88 O C.37.45 OD. 45.88
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