What is dave''s expected price six years from now

Reference no: EM13758807

Dave's Inc's stock currently sells for $45 per share. The stock's dividend is projected to increase at a constant rate of 4% per year. The required rate of return on the stock is 12%. What is Dave's expected price six years from now?

Reference no: EM13758807

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What is dave''s expected price six years from now : Dave's Inc's stock currently sells for $45 per share. The stock's dividend is projected to increase at a constant rate of 4% per year. The required rate of return on the stock is 12%. What is Dave's expected price six years from now?

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