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Igloo Inc.'s stock currently sells for $60.00 a share. It just paid a dividend of $2.58 a share. This dividend is expected to grow at
Igloo Inc.'s stock currently sells for $60.00 a share. It just paid a dividend of $2.58 a share. This dividend is expected to grow at a constant rate of 5% a year. The required return on the company's common stock is 9.51%. What is the expected stock price 1 year from now? $60.00 $62.75 $63.07 (D) $64.05 $65.90
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