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The required rate of return for a stock is 1 2 % and the expected dividend in 1 year will be $ 3 . 0

The required rate of return for a stock is 12% and the expected dividend in 1 year will be $3.00. The stock market believes the constant growth rate for the dividend will be 6% forever, but you believe the constant growth rate for the dividend will be 4% forever. Calculate the current market price of the stock, and your own "target price" for the stock.
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Market price = $50.00 Target price = $37.50
Market price = $37.50 Target price = $50.00
Market price = $25.00 Target price = $50.00
Market price = $25.00 Target price = $37.50
Market price = $37.50 Target price = $25.00

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