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You feel that Stock X will be able to grow its dividend by 2.5% per year for the next two years, after which time the
You feel that Stock X will be able to grow its dividend by 2.5% per year for the next two years, after which time the growth rate will drop to 2.5% and then stay at that rate forever. The required rate of return on Stock C is 11%. you expect next years divident to be .30 per share. what price should stock c be selling for right now?
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