Question: Fervan Inc, is increasing its dividends at a constant rate of 5 percent. Last year the firm paid a dividend of $2.50 (DO). The required

Fervan Inc, is increasing its dividends at a constant rate of 5 percent. Last year the firm paid a dividend of $2.50 (DO). The required rate of return is 15 percent. What should the price of the stock be 4 years from now? $31.90 None of these $28.09 $37.59 $35.46

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