What is the expected price of this stock in 13 years

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Reference no: EM131982984

Screenshot, Inc., just paid a dividend of $2.53 per share on its stock.

The dividends are expected to grow at a constant rate of 5 percent per year, indefinitely. Assume investors require an 8.3 percent return on this stock.

What is the expected price of this stock in 13 years?

Reference no: EM131982984

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