KJ Mountain Bikes, Inc has a current annual dividend of $ 0 . 9 8 and a

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Question:

KJ Mountain Bikes, Inc has a current annual dividend of $

0.98

and a constant growth of

3 % .

If you require a rate of return of

9 % .

What is the stock price in

3

years? Round your answer to

2

decimals.

Posted Date: May 19, 2024 01:04 AM

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