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Use the Dividend Growth Model to compute the expected price of a stock in 4 years. Each share is expected to pay a dividend of
Use the Dividend Growth Model to compute the expected price of a stock in 4 years. Each share is expected to pay a dividend of $1.30 in one year. Investors' annual required rate of return is 10%, and the expected growth rate of the dividend is 5.7% per annum
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