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Questions Problem 9.11 (Valuation of a Constant Growth Stock) Question 15 or 20 13 Check My Work (2 remaining) 14 15 0 16 eBook Problem

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Questions Problem 9.11 (Valuation of a Constant Growth Stock) Question 15 or 20 13 Check My Work (2 remaining) 14 15 0 16 eBook Problem Walk-Through Astock is expected to pay a dividend of $0.50 at the end of the year (e. Di = 80.50), and it should continue to grow at a constant rate of 109 year. It is required return is 15%, what is the stock's expected price 2 years from today? Do not round Intermediate calculations, Round your answer to the nearest cant 17 1 O $ 19

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