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Santa Klaus Toys just paid a dividend of $2.70 per share. The required return is 10.8 percent and the perpetual dividend growth rate is 3.6

Santa Klaus Toys just paid a dividend of $2.70 per share. The required return is 10.8 percent and the perpetual dividend growth rate is 3.6 percent. What price should this stock sell for five years from today?
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Santa Klaus Toys just paid a dividend of $2.70 per share. The required return is 10.8 percent and the perpetual dividend growth rate is 3.6 percent. What price should this stock sell for five years from today? Multiple Choice

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