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Please do the answer on paper not in excel Given the information in the table, what is the price of the stock in YEAR 1?

image text in transcribedPlease do the answer on paper not in excel

Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $4.17 Discount Rate 8.04% Growth rate in dividends to 8.29% Growth rate in dividends to 7.43% Growth rate in dividends to 5.38% Growth rate in dividends onward 3.09% Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $4.17 Discount Rate 8.04% Growth rate in dividends to 8.29% Growth rate in dividends to 7.43% Growth rate in dividends to 5.38% Growth rate in dividends onward 3.09%

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