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Womack Toy Company's stock is currently trading at $51 per share. The stock's dividend is projected to increase at a constant rate of 6.1 percent
Womack Toy Company's stock is currently trading at $51 per share. The stock's dividend is projected to increase at a constant rate of 6.1 percent per year. The required rate of return on the stock, r, is 9.8 percent. What is the expected price of the stock 2 years from today? $57.41 $53.41$49.41 $61.41$65.41
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