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What is the expected price of the stock three years from now

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Problem - Keeley Co.'s stock price is $50 per share, and its expected year-end dividend is $3.00 a share (D = $3.00). The stock's required return is 10.00%, and the dividend is expected to grow at a constant rate forever. What is the expected price of the stock 3 years from now?

Reference no: EM132906275

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