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Question 2 Not yet answered Suppose a company's expected dividends are $1, $2, and $3 for the next three years and are expected to grow
Question 2 Not yet answered Suppose a company's expected dividends are $1, $2, and $3 for the next three years and are expected to grow at a constant rate of 5% per year thereafter. If the required rate of return is 12%, what is the expected price for the stock at Year-end 3 (P3)? Points out of 1.00 P Flag question Select one: a. $42 b. $45 c. $45.72 d. $42.61
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