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Problem # 1 Medical Corporation of America (MCA) has a current stock price of S36, and its last dividend (D0) was $2.40. In view of

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Problem # 1 Medical Corporation of America (MCA) has a current stock price of S36, and its last dividend (D0) was $2.40. In view of MCA's strong financial position, its required rate of return is 12 percent. If MCA's dividends are expected to grow at a constant rate in the future, what is the firm's expected stock price in one y one year Given the current stock price, find the stock's constant growth rate: E(g)D0+P0[(P0R(Rs)]D0

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