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Huang Company's last dividend was $1.20 (DO). The dividend growth rate is expected to be at 10% for the next 3 years, after which dividends
Huang Company's last dividend was $1.20 (DO). The dividend growth rate is expected to be at 10% for the next 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its current stock price? $31.52 $33.50 O $28.29 $32.49 $34.52 X-box Corp.'s expected year-end dividend is D1 = $1.60, its required return is rs = 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is X-box's expected stock price in 8 years? $41.37 $45.61 $39.40 $37.52 $43.44
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