The canning company has been hard hit by increased

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The Canning Company has been hard hit by increased competition. Analysts predict that earnings and dividends will decline at a rate of 5 percent annually into the foreseeable future. If Canning's last dividend (D) was $2.00, and investors' required rate of return is 15 percent, what will be Canning's stock price is 3 years.

Reference no: EM13617899

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