Question: Question 3 1 points Save Answer What would be the price of a stock that pays an annual fixed dividend of $1 for ten years,

Question 3 1 points Save Answer What would be the price of a stock that pays an annual fixed dividend of $1 for ten years, and then the dividend payment increases by 1% every year, and the required rate of return is 5% annually? $_ A Moving to another question will save this response.
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