Question: eBook Problem w A stock is expected to pay a dividend of $1.75 at the end of the year (le, Di - $1.75), and it

eBook Problem w A stock is expected to pay a dividend

eBook Problem w A stock is expected to pay a dividend of $1.75 at the end of the year (le, Di - $1.75), and it should continue to grow at a constant rate of 69 year. It is required return is 14%, what is the stock's expected price 1 year from today? Do not found intermediate calculations. Round your answer to the nearest cent

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