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the stock of Mc will pay a dividend of 1.15$ in one year. the stock is selling 24& today and the required rate of return

the stock of Mc will pay a dividend of 1.15$ in one year. the stock is selling 24& today and the required rate of return is 11.22%. If the devidend grows at a constant rate forever and the DDM model is a correct model.

the stock will pay a devidend ------$ in 3 years

4 decimal.

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