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Ewert Enterprises' stock currently sells for $37.20 per share. The stock's dividend is projected to increase at a constant rate of 4.6% per year. The
Ewert Enterprises' stock currently sells for $37.20 per share. The stock's dividend is projected to increase at a constant rate of 4.6% per year. The required rate of return on the stock, rs, is 13.7%. What is Ewert's expected price 1 year from today? Express your answer to the nearest cent. Your
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