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MuffinsAndMore has just paid $2.56 in dividends this year. Its dividend is expected to grow by 5% annually for the next four years and by
MuffinsAndMore has just paid $2.56 in dividends this year. Its dividend is expected to grow by 5% annually for the next four years and by 4% after that. If the market interest rate is 7%, how much should the firm stock be worth today?
MuffinsAndMore has just paid $2.56 in dividends this year. Its dividend is expected to grow by 5% annually for the next four years and by 4% after that. If the market interest rate is 7%, how much should the firm stock be worth today?
$83.1
$92.1
$88.5
$85.8
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