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The growth in dividends of Torque, Inc. is expected to be 9 . 6 % per year for the next two years, followed by a
The growth in dividends of Torque, Inc. is expected to be per year for the next two years, followed by a growth rate of per year for two years. After this fouryear period, the growth in dividends is expected to be per year, indefinitely. The required rate of return on Torque, Inc. is Last year's dividends per share were $ What should the stock sell for today? Choose the closest answer.O a $ b $ c $ d $
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