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What is the expected price of a stock with a 8% required rate of return, an expected dividend next year of $1, and an expected
What is the expected price of a stock with a 8% required rate of return, an expected dividend next year of $1, and an expected dividend growth of 4%?
a.
$12.5000
b.
$25.0000
c.
$26.0000
d.
$13.0000
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