Question: > Question 4 4 pts Given the following information, what is the stock price in period 1? Today's Dividend $4.42 Expected Growth rate in dividends
> Question 4 4 pts Given the following information, what is the stock price in period 1? Today's Dividend $4.42 Expected Growth rate in dividends = 4.87 Discount Rate (Required return) 7.00 Calculate your answer to the nearest penny (e.g. 2.51)
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