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Business, 04.04.2020 14:38 mathwhiz9125

A stock is expected to pay a dividend of $0.5 at the end of the year (D1=0.5), and it should continue to grow at a constant rate of 7% a year. If its required return is 12%, what is the stock’s expected price 5 years from today?

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A stock is expected to pay a dividend of $0.5 at the end of the year (D1=0.5), and it should continu...
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