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XYZ Corp has recently paid a dividend of $20.25 and going forward dividends are expected to grow at 5% per year. If the required return
XYZ Corp has recently paid a dividend of $20.25 and going forward dividends are expected to grow at 5% per year. If the required return on this stock is 11%, what would XYZ Corps stock be worth in one year, immediately after it pays its next dividend is paid?
Answer Choices:
$354.33
$372.17
$337.50
$184.09
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