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Santa Klaus Toys just paid a dividend of $2.00 per share. The required return is 11 percent and the perpetual dividend growth rate is 2.9

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Santa Klaus Toys just paid a dividend of $2.00 per share. The required return is 11 percent and the perpetual dividend growth rate is 2.9 percent. What price should this stock sell for five years from today? Multiple Choice $29.31 $30.16 $27.68 $24.69 $28.49

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