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QUESTION 29 Walt Disney Corp does not currently pay a dividend, however, in 5 years you expect they will pay their first dividend and it

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QUESTION 29 Walt Disney Corp does not currently pay a dividend, however, in 5 years you expect they will pay their first dividend and it will be $3.8 per share. The dividend is expected to grow at a rate of 2.4% and investors' required rate of return for Walt Disney Corp stockis 9.9% per year. What should be the price of Walt Disney Corp stock today

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