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Karim Enterprises' stock currently sells for $ 3 4 . 5 0 per share. The dividend is projected to increase at a constant rate of
Karim Enterprises' stock currently sells for $ per share. The dividend is projected to increase at a constant rate of per year. The required rate of return on the stock, rs is What is the stock's expected price years from now?
a $
b $
c $
d $
e $
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