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Z Corp.'s stock currently sells for $30.75 per share. The dividend is projected to increase at a constant rate of 4.5% per year. What is

Z Corp.'s stock currently sells for $30.75 per share. The dividend is projected to increase at a constant rate of 4.5% per year. What is the stock's expected price 9 years from now? a. $45.70 b. $40.04 c. $38.32 d. $47.80 e. $45.53

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