Question: Question 2 1 points Save Answer Long Life Floors is expected to pay an annual dividend of $2 a share and plans on increasing future

 Question 2 1 points Save Answer Long Life Floors is expected

Question 2 1 points Save Answer Long Life Floors is expected to pay an annual dividend of $2 a share and plans on increasing future dividends by 3 percent annually. The discount rate is 12 percent. What will the value of this stock be 5 years from today in s dollars)? $

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