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Sing the Gordon Model (constant growth version of the formula for the price of a share of a share of common stock), and the data

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Sing the Gordon Model (constant growth version of the formula for the price of a share of a share of common stock), and the data given below, compute the following (please show your work): (1) Compute the required return, K, for the company. ( 4 pts.) 2) Compute the expected cash dividend to be paid by the company in 5 years. (3 pts.) Compute the expected price for the company in 5 years. (3pts) Compute the justified price for the company today. ( 3 pts.) Data for Computation Current EPS =$5.00 Current retention rate =40% Projected average annual growth rate in DPS for the next 5 years =10% Average annual dividend yield for the company's common stock =2% Average annual return for the S\&P 500 index =12.4% Average annual return for the 30 year Treasury Bond =5.8% Beta for the common stock =1.2

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