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Ted industries just paid a dividend of $2.00 per share. Analysts expect the company's dividends to grow 10 percent this year and 20 percent next

Ted industries just paid a dividend of $2.00 per share. Analysts expect the company's dividends to grow 10 percent this year and 20 percent next year. After two years the dividend is expected to grow at a constant rate of 6 percent. Required rate of return for this stock is 8 percent.

What should the stock price be two years from now?

A) 118.75

B) 125.68

C) 139.92

D) 148.75

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