A stock is trading at 90 per share the stock is expected to, Financial Management

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A stock is trading at 90 per share the stock is expected to

A stock is trading at $90 per share. The stock is expected to have a year-end dividend of $5 per share (D1 = $5), and it is expected to grow at some constant rate g throughout time. The stock’s required rate of return is 15%. If markets are efficient, what is your forecast of growth?

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