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Financial Technology Corp. is expected to pay a dividend of $3 one year from now and dividends are expected to grow at 5% per year
Financial Technology Corp. is expected to pay a dividend of $3 one year from now and dividends are expected to grow at 5% per year going forward. The required return is 7%. What is the stock price expected to be in year 4? $182.33 $173.64 $185.55 $165.38 None of the above.
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