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It expected dividends grow at 3 and the appropriate discount rate is 5%, what is the value of a stock with an expected dividend one

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It expected dividends grow at 3 and the appropriate discount rate is 5%, what is the value of a stock with an expected dividend one year from now of $3,457 (Round your answer to 2 decimal places.) Multiple Choice 5173.50 517250 586 25 5258.75

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