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Business, 27.11.2019 23:31 imthebestatcod

River rock, inc., just paid an annual dividend of $2.80. the company has increased its dividend by 2.5 percent a year for the past 10 years and expects to continue doing so. what will a share of this stock be worth 6 years from now if the required return is 16 percent? multiple choice
a. $24.65
b. $25.50
c. $25.08
d. $26.90
e. $23.60

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River rock, inc., just paid an annual dividend of $2.80. the company has increased its dividend by 2...
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