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The Grist Mill just paid a dividend of $1.46 per share on its stock. The dividends are expected to grow at a constant rate of

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The Grist Mill just paid a dividend of $1.46 per share on its stock. The dividends are expected to grow at a constant rate of 3.5 percent per year, indefinitely. What will the price of this stock be in 4 years if investors require an annual return of 15 percent? O$15.08 $15.24 $15.83 $15.61 $15.33

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