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Indoor Decorations, Inc. anticipates that it will pay an annual dividend of $1.16 per share next year. The company expects to increase dividends by 2.8%
Indoor Decorations, Inc. anticipates that it will pay an annual dividend of $1.16 per share next year. The company expects to increase dividends by 2.8% per year indefinitely. If investors require a return of 13.1%, what is the expected price of the stock eighteen years from now? O $9.07 O $11.25 O $13.82 O $16.19 O $18.51
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