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Womack Toy Companys stock is currently trading at $50 per share. The stocks dividend is projected to increase at a constant rate of 2.1 percent
Womack Toy Companys stock is currently trading at $50 per share. The stocks dividend is projected to increase at a constant rate of 2.1 percent per year. The required rate of return on the stock, rs, is 3.5 percent. What is the expected price of the stock 10 years from today? Group of answer choices $61.55 $67.55 $58.55 $70.55 $64.55
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