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Wilver's Furniture is experiencing good growth so has decided to commence paying dividernds starting next year. The first dividend Will be $1.90 a share with
Wilver's Furniture is experiencing good growth so has decided to commence paying dividernds starting next year. The first dividend Will be $1.90 a share with annual increases of 6 percent in the dividend amount. The discount rate is 11 percent. What will the value of this stock be; five years from now? (do not round up intermediate calculation; tyund up final answer to two decimal places)
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