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stock's current dividend is $1 and its expected dividend is $1.10 next year. If the investor's required rate of return is 15% and the stock's

stock's current dividend is $1 and its expected dividend is $1.10 next year. If the investor's required rate of return is 15% and the stock's price now is $20, what is the expected price in one year? 1) A) 20.00 B) 19.80 C) 23.50 D) 21.90

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