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Kroger Company's stock is currently selling for $46.72 and is expected to pay a dividend of D = $1.04 per share at the end
Kroger Company's stock is currently selling for $46.72 and is expected to pay a dividend of D = $1.04 per share at the end of the year, and that dividend is expected to grow at a constant rate of, g. The company's beta is 0.49, the market risk premium is 6.0% and the risk-free rate is 2.25%. What is the company's stock price at the end of 4 years? (What is P4?)
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