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Womack Toy Company's stock is currently trading at $21 per share. The stock's dividend is projected to increase at a constant rate of 7.6 percent

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Womack Toy Company's stock is currently trading at $21 per share. The stock's dividend is projected to increase at a constant rate of 7.6 percent per year. The required rate of return on the stock, rs, is 8.6 percent. What is the expected price of the stock 8 years from today? $37.73 $40.73 $34.73 $31.73 $28.73

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