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Medical Corporation of America ( MCA ) has a current stock price of $ 3 6 , and its last dividend ( D 0 )

Medical Corporation of America (MCA) has a current stock price of $36, and its last dividend (D0) was $2.40. In view of MCA's strong financial position, its required rate of return is 12 percent. If MCA's dividends are expected to grow at a constant rate 5 percent in the future, what is the firm's expected stock price in five years?

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