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Business, 19.10.2021 17:10 sahergi15

A firm is expected to pay a dividend of $2.25 next year and $2.55 the following year. Financial analysts believe the stock will be at their price target of $100 in two years. Compute the value of this stock with a required return of 11.2 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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A firm is expected to pay a dividend of $2.25 next year and $2.55 the following year. Financial anal...
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