Question: Master Technicians just announced that next year its annual dividend will be $ 3 . 5 0 and establishing a policy whereby the dividend will

Master Technicians just announced that next year its annual dividend will be $3.50
and establishing a policy whereby the dividend will grow by 3.00% annually
thereafter. How much will one share of this stock be worth 10 years from now, the
day after they pay their D_10 dividend if the cost of equity is 14.00% and if the
WACC is 12.00%?
39.62
42.76
40.59
41.52
 Master Technicians just announced that next year its annual dividend will

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