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Suppose a stock is paying a constant dividend of $4.70 annually, what would be the expected stock price one year later if currently the stock
Suppose a stock is paying a constant dividend of $4.70 annually, what would be the expected stock price one year later if currently the stock is sold at $51 and has an expected one-year holding period return of 22%?
Multiple Choice
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$57.52
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$86.28
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$46.02
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$69.02
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