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Sorenson Corp.'s expected year-end dividend is D1 = $1.90, its required return is Is = 11.00%, its dividend yield is 6.00%, and its growth rate

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Sorenson Corp.'s expected year-end dividend is D1 = $1.90, its required return is Is = 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 7 years, i.e., what is? Do not round intermediate calculations. a. $44.56 Ob. $50.35 OC. $47.68 O d. $38.77 Oe. $37.87

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