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Suppose that a stock is expected to pay a dividend of $4.25 at the end of this year and it is expected to grow at
Suppose that a stock is expected to pay a dividend of $4.25 at the end of this year and it is expected to grow at a constant rate of 5.50% a year. If it is required return is 12.00%. What is the stock's expected price 2 years from today? $18.15 $58.74 $65.38 $72.77
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