Question: Question 16 of 23 > Question 16 16 points Save Answ A stock has a required return of 15% and a dividend yield of 6%.
Question 16 of 23 > Question 16 16 points Save Answ A stock has a required return of 15% and a dividend yield of 6%. The price of is $35 and the stock is currently in a constant dividend growth phase. What will be the stock's price in 9 years? (You can have 4 extra credits if you show two ways of getting the result, no partial credit)
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