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Problem 3. (20 points) XYZ Company's current stock price is $30 per share, its last paid dividend was $2 per share, and its required rate

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Problem 3. (20 points) XYZ Company's current stock price is $30 per share, its last paid dividend was $2 per share, and its required rate of return is 12%. If dividends are expected to grow at a constant rate, g, in the future, what is XYZ Company's expected stock price 4 years from now

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