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Stock A is not expected to pay any dividends for the next 4 years. Its expected dividend is $3 per share, 5 years from today
Stock A is not expected to pay any dividends for the next 4 years. Its expected dividend is $3 per share, 5 years from today (D:). Dividend is expected to grow at a constant rate of 6% per year forever thereafter. If investors require a retur of 12.5% on this stock, what would be the price of the stock today assuming market equilibrium? Select one: O a $32.42 b. $26.0B Oc$30,54 d. $28.81 O $27.15
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