Question: Etling Inc. is expected to pay a exist2 dividend in one year and a exist3 dividend in two years. The dividends are expected to grow

 Etling Inc. is expected to pay a exist2 dividend in one

Etling Inc. is expected to pay a exist2 dividend in one year and a exist3 dividend in two years. The dividends are expected to grow at a 5% growth rate after that forever. If the required return is 14%, what is the price of the stock? exist30.99 exist29.71 exist38.00 exist31.71 exist6.19

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