Question: Question 36 1 pts $26 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate

Question 36 1 pts $26 per share is the current price

Question 36 1 pts $26 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 7.00% per year. The required rate of return on the stock, rs, is 12.00%. What is the stock's expected price 5 years from today? $36.47 $40.85 $37.86 O $38.83 $39.83

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