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Given the following information, what is the stock price in period 2? Todays Dividend = $5.98 Expected Growth rate in dividends = 3.44 Discount Rate
Given the following information, what is the stock price in period 2?
Todays Dividend = | $5.98 |
Expected Growth rate in dividends = | 3.44 |
Discount Rate (Required return) = | 8.28 |
Calculate your answer to the nearest penny (e.g., 2.51)
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