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the tyler company stock currently sells for 3 6 a share. It just paid a dividned of 2 . 7 5 a share. The dividend

the tyler company stock currently sells for

36

a share. It just paid a dividned of

2.75

a share. The dividend is expected to grow at a constant rate of

5 %

a year. What stock price is expected

1

year from now? What is the required rate of return?

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