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Medical Corporation of America (MCA) has a current stock price of $36 and its last dividend was $2.40. In view of MCA's strong financial position,

Medical Corporation of America (MCA) has a current stock price of $36 and its last dividend was $2.40. In view of MCA's strong financial position, its required rate of return is 12 percent.

If MCAs dividends are expected to grow at a constant rate in the future, what is the firms expected stock price in five years?

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