Three Amigos Inc. has dividends that have been growing at one percent per year. The required return
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Question:
Three Amigos Inc. has dividends that have been growing at one percent per year. The required return on this stock is 14 percent. What will be the stock price four years from today, if the firm just paid a dividend of $6.73 per share?
$54.95
$54.41
$53.87
$51.77
Expert Answer:
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