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Question 7 A stock is expected to pay a dividend of $ 1 . 1 one year from now, $ 1 . 7 two years
Question
A stock is expected to pay a dividend of $ one year from now, $
two years from now, and $ three years from now. The growth rate
in dividends after that point is expected to be annually. The
required return on the stock is The estimated price per share of
the stock six years from now should be $
Margin of error for correct responses:
Rounding and Formatting instructions:
Do not enter dollar signs, percent signs, commas, or any words in
your response. Do not round any intermediate work, but round your
final response to decimal places example: if your answer is
or $ you should enter
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