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FINA3103 Company predicts that earnings (and dividends) will decline at a rate of 5 percent annually forever. Assume that is - 11 percent and Do

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FINA3103 Company predicts that earnings (and dividends) will decline at a rate of 5 percent annually forever. Assume that is - 11 percent and Do = $2.00. What will be the price of the company's stock three years from now? $28.50 $20.63 $27.17 $10.18 $6.23

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