A stock is currently priced at 3740 its dividend is


A stock is currently priced at $37.40. Its dividend is expected to grow at a rate of 6.80% per year indefinitely. The stock's required return is 9.70%. The stock's predicted price 5 years from now, P5, should be $________.

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Financial Management: A stock is currently priced at 3740 its dividend is
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