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Suppose that a stock is expected to pay a dividend of $2.75 at the end of this year and it is expected to grow
Suppose that a stock is expected to pay a dividend of $2.75 at the end of this year and it is expected to grow at a constant rate of 4.50% a year. If it is required return is 10.00%. What is the stock's expected price 3 years from today? O $21.78 O $43.81 $47.85 O $57.06
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