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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 6.3 percent

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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 6.3 percent per year. The required rate of return on the stock, rs, is 11.3 percent. What is the expected price of the stock 8 years from today? $83.15 $80.15 $77.15 $74.15 $71.45

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