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Posted on Oct 07, 2024

Say we have a stock with the following characteristics: Current dividend = $25 Current growth rate = 6% Interest rate = 5% After 3 years,

Say we have a stock with the following characteristics:

Current dividend = $25 Current growth rate = 6% Interest rate = 5% After 3 years, the growth rate will decrease to 2% and remain 2% forever

What is the price of the stock today?

Group of answer choices

$874.03

$909.31

$933.81

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