What is the expected stock price a year from now

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Alderon Manufacturing's stock is currently trading in the market for $65.00 per share. The stock just paid a dividend of $1.75 per share. The dividend is expected to grow at a constant rate of 8% per year.

a. What is the expected stock price a year from now?

b. What is the required rate of return on the company's stock?

Reference no: EM132804266

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