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Intro IBM just paid an annual dividend of $3 per share. The dividend is expected to grow by 1% per year. The required rate of

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Intro IBM just paid an annual dividend of $3 per share. The dividend is expected to grow by 1% per year. The required rate of return is 12%. Attempt 1/3 for 10 pts. Part 1 What is the best estimate of the stock price in 9 years? 1+ decimals Submit

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