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You just purchased 200 shares of a company stock at $50 per share.The dividend is projected to increase at a constant rate of 4.50% per

You just purchased 200 shares of a company stock at $50 per share.The dividend is projected to increase at a constant rate of 4.50% per yr. The required rate of
return on the stock is 8.00%. What is the a
stock’s expected price 2 yrs from today? (please use up to four decimal numbers for dividend parts in calculation.)

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