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NO EXPLANATION NEEDED - AS SOON AS POSSIBLE You expect a share of stock to pay dividends of $1.2, $2.4 and $2.8 in each of

NO EXPLANATION NEEDED - AS SOON AS POSSIBLE

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You expect a share of stock to pay dividends of $1.2, $2.4 and $2.8 in each of the next 3 years. You believe that dividends are projected to increase by 5.7 percent per year after that. What is the stock price if the discount rate for the stock is 10.397 O 37.33 53.09 37.97 O 63.19 44.71

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