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What is the price of constant growth stock at year 4 (P4) if the stocks current price (P0) is $100 while its dividend yield is
What is the price of constant growth stock at year 4 (P4) if the stocks current price (P0) is $100 while its dividend yield is 4% and dividend growth rate is 5%?
a. $141.16
b. $133.10
c. $116.99
d. $121.55
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