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Merrell Enterprises' stock has an expected return of 1 4 % . The firm is expected to pay a dividend of $ 3 per share

Merrell Enterprises' stock has an expected return of 14%. The firm is expected to pay a dividend of $3 per share in the next period. The stock's dividend is expected to grow at a constant rate of 8%. Which of the following statements is CORRECT?
The stock's current price is $57.
The dividend per share in the next period is $3.00.
The stock's current price is $54.
The stock price is expected to be $54 a share one year from now.
The stock price is expected to be $57 a share one year from now.
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