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Business, 10.12.2019 19:31 xojade

Kelly enterprises' stock currently sells for $35.25 per share. the dividend is projected to increase at a constant rate of 4.75% per year. the required rate of return on the stock, rs, is 11.50%. what is the stock's expected price 5 years from now? select one: a. $40.17 b. $41.20 c. $42.26 d. $43.34 e. $44.46

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