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Hollywood Video Inc., is planning to pay a $3.6 dividend 3 years from now . The company is planning to let the dividend grow at
Hollywood Video Inc., is planning to pay a $3.6 dividend 3 years from now. The company is planning to let the dividend grow at a constant rate of 2.5% each year after that. If the required rate of return is 8%, what is the stock price today?
Group of answer choices
45.67
43.56
50.89
56.11
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