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Q4) Magnetic Corporation expects dividends to grow at a rate of 10.50% for the next two years. After two years dividends are expected to grow
"Q4) Magnetic Corporation expects dividends to grow at a rate of 10.50% for the next two years. After two years dividends are expected to grow at a constant rate of 06.70% indefinitely. Magnetics required rate of return is 13.36% and they paid a $1.83 dividend today. d) Price of stock at end of year 2: e) Price of stock today:
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