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Motor Oil Inc. expects to pay an annual dividend of $1.44 per share ten years from now and $2.97 per share in thirty years. If

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Motor Oil Inc. expects to pay an annual dividend of $1.44 per share ten years from now and $2.97 per share in thirty years. If the company adheres to a constant dividend growth rate, what is the expected stock price forty-five years from now? Assume the required return is 12 percent. $66.10 $51.30 $63.75 $49.28 $61.48

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