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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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