Question: CC.com currently pays irregular dividends in the next four years: D1=$2, D2=$2.5, D3=$5.2, D4=$8.5. Investors believe that the dividends are expectedto grow at 2% thereafter.

CC.com currently pays irregular dividends in the next four years: D1=$2, D2=$2.5, D3=$5.2, D4=$8.5. Investors believe that the dividends are expectedto grow at 2% thereafter. The required rate of return on the stock is 8%.

a. What would be the stock price in 10 years?

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