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The company paid its annual dividend of $2.00 yesterday, and the expected price in 2 years is $100. Dividend payout is expected to grow 7%.

The company paid its annual dividend of $2.00 yesterday, and the expected price in 2 years is $100. Dividend payout is expected to grow 7%. i) calculate What is the required return on the stock? ii) what is the price today?

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