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Womack Toy Company's stock is currently trading at $47 per share. The stock's dividend is projected to increase at a constant rate of 5.1 percent
Womack Toy Company's stock is currently trading at $47 per share. The stock's dividend is projected to increase at a constant rate of 5.1 percent per year. The required rate of return on the stock, rs, is 6.1 percent. What is the expected price of the stock 8 years from today? $69.97 $72.97 $75.97 $66.97 $63.97
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