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Santa Klaus Toys just paid a dividend of $ 1 . 8 0 per share. The required return is 1 0 percent and the perpetual

Santa Klaus Toys just paid a dividend of $1.80 per share. The required return is 10 percent and the perpetual dividend growth rate is 2.7 percent. What price should this stock sell for five years from today?
Multiple Choice
$29.71
$28.93
$24.66
$27.43
$28.17
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