Question: A stock is expected to have a divided of 5 in one year. Each annual subsequent dividend is expected to be 2% larger than the

 A stock is expected to have a divided of 5 in

A stock is expected to have a divided of 5 in one year. Each annual subsequent dividend is expected to be 2% larger than the preceding one. At a valuation interest rate of 4%, calculate the modified duration of the stock 35 50 O 65 10 25

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