Question: The next dividend payment by Guppy, Incorporated, will be $ 1 . 9 2 per share. The dividends are anticipated to maintain a growth rate

The next dividend payment by Guppy, Incorporated, will be $1.92 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. If the stock currently sells for $38 per share, what is the required return?
What is the current stock price?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What will the stock price be in 3 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What will the stock price be in 18 years?

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