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Long Life Floors is expected to pay an annual dividend of $ 2 a share and plans on increasing future dividends by 2 percent annually.

Long Life Floors is expected to pay an annual dividend of $2 a share and plans on increasing future dividends by 2 percent annually. The discount rate is 10 percent. What will the value of this stock be 5 years from today (in $ dollars)? $ q,
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