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Ropers, Inc., is expected to pay an annual dividend of $2.80 per share next year. The required return is 13 percent and the growth rate

Ropers, Inc., is expected to pay an annual dividend of $2.80 per share next year. The required return is 13 percent and the growth rate is 2.75 percent. What is the expected value of this stock 8 years from now?

Group of answer choices

$15.00

$15.60

None are correct

$33.95

$30.98

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