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The e network just paid a dividend of 190 on each share of


The E! Network just paid a dividend of $1.90 on each share of its stock. The company expects that the dividends will increase at a constant rate of 6 percent per year in perpetuity. Investors require a 10 percent return on this company's stock.

Calculate the Current Stock Price

Calculate the Stock Price in 3 Years

Calculate the Stock Price in 5 Years

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Financial Management: The e network just paid a dividend of 190 on each share of
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