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Moose Company's expected year-end dividend is D 1 = $1.60, its required return is 11.00%. Its dividend yield is 6.00%, and its growth rate is
Moose Company's expected year-end dividend is D1 = $1.60, its required return is 11.00%. Its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Moose's expected stock price today and in 3 years? Find Po and P3.
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