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Business, 16.07.2020 01:01 jimperez9616

Reddick Enterprises' stock currently sells for $24.50 per share. The dividend is projected to increase at a constant rate of 5.50% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 3 years from today?

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Reddick Enterprises' stock currently sells for $24.50 per share. The dividend is projected to increa...

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