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Stock XYZ is expected to pay dividend of 17 at the end of the first year. The dividends at the following years are expected increase

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Stock XYZ is expected to pay dividend of 17 at the end of the first year. The dividends at the following years are expected increase 10% from prior years. Assume that the expected annual yield rate is 13%. Calculate the price of the stock. 566.7 630.1 661.9 598.4 534.9

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