What is the expected price of the stock in six years
Problem
The last dividend was $5.5 per share. The dividend is expected to grow at 5%. The required rate of return is 10%. What is the expected price of the stock in 6 years?
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The last dividend was $5.5 per share. The dividend is expected to grow at 5%. The required rate of return is 10%. What is the expected price of stock in 6 years
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