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Business, 02.03.2020 19:21 eliezer25

A stock is expected to pay a dividend of $0 50 at the end of the year (i. e., D1=$0.50), 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 4 years from today?

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A stock is expected to pay a dividend of $0 50 at the end of the year (i. e., D1=$0.50), and it shou...

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