Question: questions 2 . Solution sent me text typing only work The current price of a stock is $58. 15. If dividends are expected to be

questions 2 .

Solution sent me text typing only work

The current price of a stock is $58. 15. If dividends are expected to be $1.00 per share for the next six years, and the required return is 9%, then what should the price of the stock be in 6 years when you plan to sell it? The price 6 years from now will be $ (Round your response to the nearest dollar.)

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