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Smooth Stones Co, just paid an annual dividend of $1.77. The company has increased its dividend by 3.5 percent a year for the past 20

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Smooth Stones Co, just paid an annual dividend of $1.77. The company has increased its dividend by 3.5 percent a year for the past 20 years and expects to continue doing so. What will a share of this stock be worth 6 years from now if the required return is 13 percent? 5208 $21.50

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