A share of stock will pay a dividend of 14 one year from, Financial Management

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A share of stock will pay a dividend of 14 one year from

A share of stock will pay a dividend of $1.4 one year from now, with dividend growth of 5.6 percent thereafter. According to the constant dividend growth model, if the required return is 14.8 percent, what should the value of the stock be 3 years from now?

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Financial Management: A share of stock will pay a dividend of 14 one year from

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