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Sorenson Corp.s expected year-end dividend is D1 = $1.40, its required return is rs = 6.00%, its dividend yield is 5.00%, and its growth rate

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Sorenson Corp.s expected year-end dividend is D1 = $1.40, its required return is rs = 6.00%, its dividend yield is 5.00%, and its growth rate is expected to be constant in the future. What is Sorensons expected stock price in 8 years, i.e., what is P8? 28.80 OA. 31.84 B. 32.14 OC. 30.32 D

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