Question: Question 23 1 points Save Answer Long Life Floors is expected to pay an annual dividend of $8 a share and plans on increasing future

Question 23 1 points Save Answer Long Life Floors is expected

Question 23 1 points Save Answer Long Life Floors is expected to pay an annual dividend of $8 a share and plans on increasing future dividends by 4 percent annually. The discount rate is 16 percent. What will the value of this stock be 5 years from today (in $ dollars)? $ L A Moving to another question will save this response.

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