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Liberty Rehab Corporation has a current stock price of $ 5 6 , and its last dividend ( D 0 ) was $ 5 .

Liberty Rehab Corporation has a current stock price of $56, and its last dividend (D0) was
$5.00. In view of the company's strong financial position, its required rate of return is 10 percent. If Liberty's
dividends are expected to grow at a constant rate in the future, what is the firm's expected stock price in
five years?
Constant Growth Rate:
Expected Stock Price in 5 Years:

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