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Question 5 5 pts A stock's dividend is expected to grow at a constant rate of 8% per year indefinitely. The current price of the
Question 5 5 pts A stock's dividend is expected to grow at a constant rate of 8% per year indefinitely. The current price of the stock is $35 per share. The estimated price per share 5 years from today is $ Rounding and Formatting: Do not enter a dollar sign in your response. Round your answer to 2 decimal places. Example: If your answer is $12.34567, you should enter 12.35 as your response. Question 6 5 pts A stock's price is predicted to be $40 three years from today, based on its future dividend stream. If there will be no dividends in the next three years, and the required return on the stock is 12%, the estimated price of the stock today is $_ Rounding and Formatting: Do not enter a dollar sign in your response. Round your answer to 2 decimal places. Example: If your answer is $12.34567, you should enter 12.35 as your response. Screenshot 9
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