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Womack Toy Companys stock is currently trading at $54 per share. The stocks dividend is projected to increase at a constant rate of 4.9 percent
| Womack Toy Companys stock is currently trading at $54 per share. The stocks dividend |
| is projected to increase at a constant rate of 4.9 percent per year. The required rate of |
| return on the stock, rs, is 8 percent. What is the expected price of the stock 6 years |
| from today? |
$71.95
$74.95
$77.95
$80.95
$83.95
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
