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Given the following data for RRT stock, What is the stock's expected price 3 years from today? Current market price: $35 Constant dividend growth rate:
Given the following data for RRT stock,
What is the stock's expected price 3 years from today?
Current market price: $35
Constant dividend growth rate: 5%
Required rate of return: .10
Assume the stock is currently price in equilibrium.
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