Question: Sorenson Corp.'s expected year-end dividend is $1.60 its required return is r_s = 11.00%, its dividend yield is 6.00%, and growth rate is expected to

Sorenson Corp.'s expected year-end dividend is $1.60 its required return is

Sorenson Corp.'s expected year-end dividend is $1.60 its required return is r_s = 11.00%, its dividend yield is 6.00%, and growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 7 years

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