What is the expected stock price of the company in ten years

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Reference no: EM132500050

Question 1: A company's just paid a dividend of $2.25. its required return is 12.00 percent, and the company's dividend growth rate of 3.30 percent is expected to remain constant into the future. What is the expected stock price of the company in ten years?

Option A. $36.96

Option B. $42.31

Option c. $38.65

Option D. $40.43

Option E. $35.37

Reference no: EM132500050

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