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Please do not use an online calculator and solve those questions with explanations and equations. (The answer is given by the way) Determine the price

Please do not use an online calculator and solve those questions with explanations and equations. (The answer is given by the way)

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Determine the price of the company DFG Inc in 5 years, if they just paid the dividend of $4.0, the current rate of return is 7.6% and the growth rate of the dividend is 3.1%. (Round to the nearest decimal place) Answer: 91.6 X (106.8)

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