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R&R Company is expected to pay a dividend of $4 next period, and dividends are expected to grow at 6% per year. If the required

R&R Company is expected to pay a dividend of $4 next period, and dividends are expected to grow at 6% per year. If the required return is 16% and the current price (P0) is 40$, what is the stock price at year 4 (P4)

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