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The Smart Start Corporation expects to pay a dividend of $2.50 per share at the end of the year. Management expects dividends to grow at
The Smart Start Corporation expects to pay a dividend of $2.50 per share at the end of the year. Management expects dividends to grow at a constant rate of 4% per year. If the required rate of return on the company's stock is 12%, how much would the stock be worth at the end of two years from today? 44.6 O 363 421 33.8
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