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Constant rate of percent per year

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Help me study by answering this question. A stock is just paid a dividend of $0.91 and is growing at a constant rate of 10 percent per year. If the required rate of return is 15 percent, what is the stock's expected price 2 years from today?

P2 = P0(1+ g)2

Using the formula you selected above, what is the stock price? P2 = $

Reference no: EM132147300

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