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Question 50 Not yet answered Etling Inc.'s dividend is expected to grow at 8% for the next two years and then at 4% forever. If

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Question 50 Not yet answered Etling Inc.'s dividend is expected to grow at 8% for the next two years and then at 4% forever. If the current dividend is $3 and the required return is 16%, what is the price of the stock? Marked out of 1.00 Select one: Flag question a. $27.93 O b. $25.54 OC. $25.10 O d. $26.00 O e. $29.45

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