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Firm AAA increases investment to boost future growth. An analyst expects that the dividend will not grow for 3 years and it will grow at
Firm AAA increases investment to boost future growth. An analyst expects that the dividend will not grow for 3 years and it will grow at 6% afterward. The current dividend is $2 and the required rate of return for the stock is 13%. Whats the estimated stock price? A.$25.72 B.$20.12 C.$30.29 D.$38.29 E.Not enough information to estimate the stock price.
A.$25.72
B.$20.12
C.$30.29
D.$38.29
E.Not enough information to estimate the stock price.
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