Stock expected price


Problem:

Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.50% per year. The required rate of return on the stock, is 11.50%.

Renquired:

Question: What is the stock's expected price 5 years from now?

Note: Provide support for your underlying principle.

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Accounting Basics: Stock expected price
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