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IBM just paid an annual dividend of $2.8 per share. The dividend is expected to grow by 2% per year. The required rate of return

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IBM just paid an annual dividend of $2.8 per share. The dividend is expected to grow by 2% per year. The required rate of return is 12%. Part 1 - 1 Attempt 3/10 for 6 pts. By DDM/Gordon growth model, what is the price to sell the stock in 3 years? If you buy the stock today, hold it, sell it in 3 years at the price computed in Part 1. what is the present value of all cashflows (D1,D2,D3,P3) you receive? By Gordon growth model, what is the current stock price? How does your answer here compare to Part 2, what's your finding/insight

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