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Question 12 A expected to pay a dividend of $1.00 per share next year (D). Further, dividends are p endare expected to increase by $1.00

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Question 12 A expected to pay a dividend of $1.00 per share next year (D). Further, dividends are p endare expected to increase by $1.00 each year up to (and including) year 50 (i.e. D2 = $2000, -51.00...D=548.00, Dag = $49.00, and D50 = $50.00). After the dividend at year 50 is pathetem will shut down, offering no further dividends. If investors require a return of 14.20 percent what should the price of this stock be today? Ar or"format, with no additional punctuation. For example, if your answer is $45.45, er 545: Note that Canvas may add commas, etc

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