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Windmere stock price is 35, and the expected dividend per share per year is 2 (i.e., at time t = 1) and Windmere is a

Windmere stock price is 35, and the expected dividend per share per year is 2 (i.e., at time t = 1) and Windmere is a stable growth firm. The appropriate discount rate is 13%. What is most likely the expected price of Windmere one year from now?

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