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Question2 20 pts Stock XYZ has a current dividend of $4.00. The dividend is expected to grow at 12.00% per year until year 3 and

Question2 20 pts Stock XYZ has a current dividend of $4.00. The dividend is expected to grow at 12.00% per year until year 3 and then at 3.00% per year for the rest of time. Based on the riskiness XYZ, its discount rate is 10.00% . With this information, what is the price of XYZ in YEAR 1? O $81.42 O $82.69 O $77.54 $64.00 $74.57

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