Question: Donovan Corp.'s expected year-end dividend is D=$2.80, its required return is r= 11.00%, its dividend yield is 4.00%, and its growth rate is expected to

Donovan Corp.'s expected year-end dividend is D=$2.80, its required return is

Donovan Corp.'s expected year-end dividend is D=$2.80, its required return is r= 11.00%, its dividend yield is 4.00%, and its growth rate is expected to be constant in the future. What is the expected stock price in 8 years

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