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the next dividend for the Gordon Company will be $4 per share. Investors require a 16% return on firms such as Gordon. Gordon's dividend increases

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the next dividend for the Gordon Company will be $4 per share. Investors require a 16% return on firms such as Gordon. Gordon's dividend increases by 6% every year. What is the value of Gordon's stock in 4 years? 1. $76.6 2. $37.0 3. $50.5 4. $10.2 Next

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