Question: Question 40 15 points Save Answer A stock is expected to pay a dividend of 52.25 at the end of the year (D152.25). The dividend
Question 40 15 points Save Answer A stock is expected to pay a dividend of 52.25 at the end of the year (D152.25). The dividend is expected to grow at a constant rate of 4% a year. The stock has a required return of 11%. What is the expected price of the stock five years from today? in
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