A company is growing at a constant rate of 10 percent. Last week it was paid a dividend of $2.83. If the required rate of return is 15 percent, what is the price of the stock five years from now?
A company is growing at a constant rate of 10 percent. Last week it was paid a dividend of $2.83. If the required
rate of return is 15 percent, what is the price of the stock five years from now?
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