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. The Hedless Corp. has just paid a dividend of $3 per share. The dividend grows at a steady rate of 8 percent per year.

. The Hedless Corp. has just paid a dividend of $3 per share. The dividend grows at a steady rate of 8 percent per year. What will the dividend be in 5 years? What is the price of stock today? What is the stock price three years from now?

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