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Please show step by step of how to solve this in excel The required rate of return is 21.90 percent. Ivanhoe Corp. has just paid
Please show step by step of how to solve this in excel
The required rate of return is 21.90 percent. Ivanhoe Corp. has just paid a dividend of $3.12 and is expected to increase its dividend at a constant rate of 8.75 percent. What is the expected price of the stock three years from now? (Do not round intermediate calculations. Round answer to 2 decimal places, e.g. 15.20.)Step by Step Solution
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