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Business, 10.11.2019 01:31 alliemeade1

Astock is expected to pay a dividend of $2.75 at the end of the year (i. e., d1 = $2.75), and it should continue to grow at a constant rate of 5% a year. if its required return is 13%, what is the stock's expected price 2 years from today? do not round intermediate calculations. round your answer to the nearest cent.

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Astock is expected to pay a dividend of $2.75 at the end of the year (i. e., d1 = $2.75), and it sho...
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