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Find the current price for Comcast stock if it pays a $4.5 dividend that is expected to remain constant for now. Dividends are paid at
Find the current price for Comcast stock if it pays a $4.5 dividend that is expected to remain constant for now. Dividends are paid at the end of each quarter. Investors expect the price (ex-dividend) of Comcast to be $33 at the end of year 5 and the annualized expected return on Comcast stock is estimated to be 6.72% per year. Assume quarterly compounding.
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