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The current price of a stock is $83.35. If dividends are expected to be $1.20 per share for the next five years, and the
The current price of a stock is $83.35. If dividends are expected to be $1.20 per share for the next five years, and the required retum is 7%, then what should the price of the stock be in 5 years when you plan to sell The price 5 years from now will be $ (Round your response to the nearest dollar)
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
978-0133251241, 9780133427516, 133251241, 013342751X, 978-0133255584
