Stock is expected to pay annual dividends forever

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Reference no: EM131991135

What is the price of Platinum Water Shipping stock expected to be in 2 years if it has an annual expected return of 13.63 percent, is expected to be priced at 128.54 dollars in 1 year, and is expected to pay an annual dividend of 2.94 dollars in 3 years and be priced at 160.15 dollars in 3 years? The stock is expected to pay annual dividends forever.

Reference no: EM131991135

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