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Microsoft's stock currently sells for $50.00 per share. The company project dividend to increase at a constant rate of 5.50% per year. The required rate

Microsoft's stock currently sells for $50.00 per share. The company project dividend to increase at a constant rate of 5.50% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 3 years from today?

$71.04

$71.63

$58.71

$68.69

$61.65

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