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Impact, Inc paid a dividend of $3 today. Assume stocks yield 12% and g is 3%. Estimate the stock price 3 years from today. $

  1. Impact, Inc paid a dividend of $3 today. Assume stocks yield 12% and g is 3%. Estimate the stock price 3 years from today.
  1. $ 37.52
  2. $ 36.42
  3. $ 28.14
  4. $ 17.69

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