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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 4.6 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 4.6 percent per year. The required rate of return on the stock, rs, is 7.5 percent. What is the expected price of the stock 1 years from today? $53.35 $56.35 $59.35 $62.35 $65.35
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