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River Rock, Incorporated, just paid an annual dividend of $ 2 . 8 0 . The company has increased its dividend by 2 . 7

River Rock, Incorporated, just paid an annual dividend of $2.80. The company has increased its dividend by 2.7 percent a year for the past 10 years and expects to continue doing so. What will a share of this stock be worth 6 years from now if the required return is 16 percent?
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