Find the expected stock price

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Taylor Corp's expected year-end dividend is $1.60, its required return is 11%, its dividend yield is 6%, and its growth rate is expected to be constant in the future. What is Taylor's expected stock price in 7 years, what is P7?

Reference no: EM1348970

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Find the expected stock price : Taylor Corporation's expected year-end dividend is $1.60, its required return is 11 percent, its dividend yield is 6 percent, and its growth rate is expected to be constant in the future.

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