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Santa Klaus Toys just paid a dividend of $1.90 per share. The required return is 10.5 percent and the perpetual dividend growth rate is 2.8

Santa Klaus Toys just paid a dividend of $1.90 per share. The required return is 10.5 percent and the perpetual dividend growth rate is 2.8 percent. What price should this stock sell for five years from today?

$29.94

$29.12

$24.68

$28.33

$27.56

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