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Hope Company's long run constant dividend growth is expected to be 10 percent. If the required return for Hope is 15%, and the most recent
Hope Company's long run constant dividend growth is expected to be 10 percent. If the required return for Hope is 15%, and the most recent dividend paid was $2.00, what is the most likely Hope's stock price one year from now?
A) 38
B) 42
C) 44.60
D) 48.40
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