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Price of the Stock Today Assignment | Homework For You

Author:
May 22nd, 2020

Say we have a stock with the following characteristics:Homework For You

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Current dividend = $25
Current growth rate = 6%
Interest rate = 5%
After 3 years, the growth rate will decrease to 2% and remain 2% forever

What is the price of the stock today?

Group of answer choices

$874.03

$909.31

$933.81. Get Finance homework help today

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