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ocala company`s stock is currently selling for $19.50 per share. at the end of the year, the company plans to pay a dividend equal to
ocala company`s stock is currently selling for $19.50 per share. at the end of the year, the company plans to pay a dividend equal to $2.34 per share. for the remainder of the company`s life, dividends are expected to grow at a constant rate, and investors are expected to require a 16 percent return to invest in ocala`s stock. what should be the value of ocala`s stock five years from now?
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