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LCD's stock just paid dividend of $5.00 (Do). The dividend is expected to grow at a constant rate of 8 percent per year, and the
LCD's stock just paid dividend of $5.00 (Do). The dividend is expected to grow at a constant rate of 8 percent per year, and the stock's required rate of return is 12 percent. Given this information, what is the expected price of the stock, eight years from now? 1 pts a. $200.00 b. $185.09 c. $99.95 $249.87 e. $150.00
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